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Leghari says negotiations with IMF on captive power plants could reduce electricity tariffs by 10-12 rupees/unit Blogging Sole

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Leghari says negotiations with IMF on captive power plants could reduce electricity tariffs by 10-12 rupees/unit Blogging Sole

Federal Minister for Energy (Power Division) Awais Leghari gestures during an interview in this undated photo. — X/Government of Pakistan The government is looking at captive and bagasse power plants for cost savings. Domestic electricity rates are already reduced by Rs4 per unit. Minister criticizes K-Electric’s Rs 500 billion profit claim. ISLAMABAD: Federal Minister for … Read more

“Government seeks to reduce electricity prices by Rs 10 per unit” Blogging Sole

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“Government seeks to reduce electricity prices by Rs 10 per unit” Blogging Sole

A technician works on porcelain insulators on an electrical transmission tower in Karachi. — Reuters/File IPP contract changes could save Rs411 billion annually: sources. Tariff revision for bagasse power plants saves Rs238 billion. The extension of the winter electricity assistance program is also under study. ISLAMABAD: The federal government is working on various options to … 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

Ongoing talks with 11 IPPs to reduce electricity prices (Minister of Energy) Blogging Sole

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Ongoing talks with 11 IPPs to reduce electricity prices (Minister of Energy) Blogging Sole

Federal Minister for Energy Sardar Awais Ahmad Khan Leghari. — APPLICATION/File Federal Energy Minister Awais Leghari said on Friday that negotiations with 11 other independent power producers (IPPS) were currently underway to reduce electricity tariffs. While briefing on the ‘Bijli Sahulat package’, Laghari said the government had terminated power purchase agreements with five IPPs, a … Read more