deals

Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects. – Trendy Blogger

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Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects. – Trendy Blogger

The federal cabinet, headed by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 independent power producers, a move that is expected to bring down electricity prices by Rs 10-11 per unit. The renegotiated contracts are set to save 802 billion rupees by reducing profits and costs of independent power projects, while deducting an … Read more

Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

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Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

The Government has completed negotiations with 14 furnace oil-based independent power producers (IPPs) under a “take-and-pay” agreement, with discussions continuing with other IPPs. According to a news report, Prime Minister Shehbaz Sharif announced the gradual closure of old power plants to reduce electricity costs and promote energy efficiency. This step comes within the framework of … Read more

Saudi investments in Pakistan reach $2.8 billion with the signing of new deals – Trendy Blogger

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Saudi investments in Pakistan reach .8 billion with the signing of new deals – Trendy Blogger

Prime Minister Shehbaz Sharif (centre) and Saudi Investment Minister Khalid bin Abdulaziz Al-Falih, among others, speak at a joint press conference on the sidelines of the eighth edition of the Future Investment Initiative (FII) in Riyadh, October 30, 2024. – PID The number of memorandums of understanding increased after the meeting between the Prime Minister … Read more