agreements

Rs411b saved thanks to IPP agreements: minister Blogging Sole

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Rs411b saved thanks to IPP agreements: minister Blogging Sole

ISLAMABAD: As the year draws to a close, Federal Minister for Power (Power Division) Sardar Awais Ahmad Khan Leghari on Saturday claimed that electricity rates had fallen to Rs 11 per unit during of the last nine months. The minister shared the government’s key achievements, ongoing initiatives in the power sector and reforms in electricity … Read more

Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

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Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

Prime Minister Shehbaz Sharif chairs a federal cabinet meeting in Islamabad in this undated photo. — APPLICATION/File The government claims the move would save the national exchequer Rs238 billion. The Prime Minister said the government was taking all possible measures to reduce electricity tariffs. “A mechanism has been developed to enable the safe evacuation of … Read more