Hanif Abbasi Urges IPP Shutdown Amidst Budget Debate

Hanif Abbasi Urges IPP Shutdown Amidst Budget Debate

The independent power producers (IPPs) have earned billions of rupees, and closed them to save billions, PML-N’s Hanif Abbasi said in the National Assembly.

Taking part in the budget debate, PML-N lawmakers said that the money is not being recovered from the IPPs and salaried class is being overburdened.

Shut down these IPPs they have already minted billions of rupees he said.

Hanif Abbasi Said During Budget Debate

“We have to save the country, not the IPPs. The IPPs have earned billions of rupees even during the economic emergency,” Hanif Abbasi said during the budget debate.

MQM-P’s Mustafa Kamal said that the country has been indebted to those who run the country, while it is the public that has to make sacrifices in hard times.

He said 78,000 billion is being demanded from the public, “Nawaz Sharif, Asif Zardari, and the PTI’s founder should lead the way,” he said. “Nawaz Sharif should donate his Raiwind Palace, Asif Zardari one of his Bilawal Houses, and the PTI’s founder his Bani Galla,” he said.

He said 71 percent of capacity charges are being paid in the power sector. ” 1700 billion have been allocated for the power companies, which are even not generating the electricity,” Mustafa Kamal said.

He demanded the government revisit the agreement with the power companies.