Gas to energy project unlikely to cut tariffs by 50% – opposition

While it supports the gas to energy project, the opposition APNU+AFC on Monday said that it still lacks transparency and costs have ballooned to such an extent that a 50% cut in tariffs is unlikely.

In a statement it noted that the project was initiated by the APNU+AFC government as it had recognized the need for additional and cheaper electricity.

It charged that when the PPP/C government came to power, it changed the location of the project, did no updated feasibility study for the project at the new location, provided no cost benefit analysis and no concrete information on the cost of electricity to the consumer.