The IMF has turned down marginal energy package for industries proposed by the Ministry of Energy, sources said.
The International Monetary Fund (IMF) objected over the energy ministry’s proposal of providing 8,000-megawatt surplus electricity on cheaper rate to industries.
The officials of the energy ministry failed to convince the IMF on the marginal energy package, sources said.
In the next round of the economic review talks, a revised package of new proposals will be discussed with the IMF delegation, sources said.
The energy ministry had proposed 3-year package intended for AI, data mining, and industrial sectors, based on marginal cost, according to sources.
