German arms manufacturer Rheinmetall clearly states on its website that it is taking responsibility in a changing world. Gesturing towards the Turning point (“historical turning point”) in German politics after the Russian invasion of Ukraine, this “changing world” marks a radical change in Germany’s traditionally retained military posture. Just three days after the invasion, the … Read more
Islamabad: As the government intensifies efforts to re-evaluate agreements with independent power producers amid rising electricity tariffs, Special Assistant to the Prime Minister on Energy Mohamed Ali accused energy companies of obstructing regulatory audits. Speaking on a talk show, Ali criticized independent power producers for resisting attempts by regulators to review their operations. He stressed … Read more
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
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