IPP Closures and Power Debt Debate
January 20, 2025
The power division official was briefing the Senate body chaired by Senator Mohsin Aziz over review agreements with the Independent Power Producers (IPPs). “The closure of these IPPs will save 411 billion rupees of the national exchequer,” the official said. The energy official also informed that the dollar-based contracts have been canceled with eight bagasse […]
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Ejaz Calls for IPP Payment Cuts and Lower Rates
August 5, 2024
Ejaz in his statement suggested the government of Pakistan to halt Rs2,000 billion payment to the IPPs and they should only be paid for electricity produced. He also suggested lowering the electricity per unit and fixing it under Rs10 for the consumers using 200 units, monthly, while the rate for other consumers should be kept […]
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