Peru’s Ministry of Energy allocates additional funds for the conversion of 100,000 vehicles

The Ministry of Energy and Mines of Peru announced that the discount voucher of S/ 2,000 is now available for owners of cars that use lLPG interested in converting their vehicle to natural gas.

February 18, 2023. The Ministry of Energy and Mines of Peru announced that the discount voucher of S/ 2,000 is now available for owners of cars that use liquefied petroleum gas (LPG) interested in converting their vehicle to natural gas with the NGV Savings program of the Social Energy Inclusion Fund (FISE), within the framework of the massification of natural gas.

Through the subscription of the addendum to the INFOGAS Trust Agreement promoted by the Ministry, carried out on February 15, 2023, the governing body of the mining-energy sector makes available an additional amount of S/ 200 million to finance these conversions, facilitating access to an economical, clean and safe fuel that is not subject to the volatility of the international price of oil such as LPG.

By delivering this non-refundable bonus, it seeks to cover 50% of the maximum amount of financing for the conversion of vehicles through the NGV Savings program, which is S/ 4,000 for this 2023. The balance will be financed through the program, without initial fee, without interest and with a return within a maximum period of 3 years through natural gas recharges in favor of drivers.

The Ministry estimates that, with the application of this mechanism, the number of conversions financed by the program will increase by approximately 50% in the next 3 months. With these actions, it is expected to contribute to increasing the number of natural gas vehicles in the Peruvian automotive fleet and to have more than 450,000 units that make use of a cleaner and cheaper energy this year.

The LPG discount voucher is available in all regions where the NGV Savings program is implemented, such as Lima, Callao, Piura, Lambayeque, La Libertad, Ancash, Junín, Ica and Cusco; likewise, there will be a presence in other regions as long as they have a natural gas filling station.

To access the bonus, drivers must visit authorized workshops that are affiliated with the NGV Savings program to request a quote and inspection of the vehicle.

Recibir actualizaciones

Ingresa tu correo para suscribirte a nuestro newsletter