independent

The Energy Minister says the government and independent power producers are on the same page to bring down energy prices – Trendy Blogger

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The Energy Minister says the government and independent power producers are on the same page to bring down energy prices – Trendy Blogger

Federal Minister of Energy (Energy Department) Awais Leghari on Sunday said there is consensus between the government and independent power producers (IPPs) to reduce electricity prices, as financially challenged consumers struggle with unaffordable tariffs and little hope of immediate relief. Legari, along with sector officials and an economist, addressed the controversial issue of agreements with … Read more

Five independent power producers “agreed” to the government’s request to terminate the “power purchase” contract. – Trendy Blogger

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Five independent power producers “agreed” to the government’s request to terminate the “power purchase” contract. – Trendy Blogger

  A power transmission tower in Karachi on January 24, 2023. — Reuters IPPs must terminate contracts once the modalities are finalized. The government will provide up to Rs 150 billion in terms of capacity payments. The current administration is negotiating the dues owed to independent energy buyers. ISLAMABAD: At a time when the current … Read more