IPPs
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Business
Govt to Terminate Expensive Electricity Agreements with IPPs
The federal government has decided to terminate agreements with six independent power producers (IPPs). These IPPs generate costly electricity, adding…
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Business
New Tariff Agreement Signed with Safe Power Company
Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s…
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Business
Pakistan Govt to Finalize Deal with 18 IPPs for Cost Savings
Islamabad: The government is set to finalize a major agreement with 18 Independent Power Producers (IPPs). This agreement will transition…
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Business
Government Proposes New Financial Model for IPPs
The government has proposed a new financial model to 18 independent power producers (IPPs). This plan aims to significantly reduce…
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Business
Nepra Raises Concerns Over IPP Negotiations
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) raised concerns on Thursday regarding negotiations with Independent Power Producers (IPPs). These…
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Business
Govt Aims to Cut Power Tariff by Rs10, says Energy Minister
ISLAMABAD: The federal government is moving to reduce the electricity tariff by up to Rs10 after terminating power purchase agreements…
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Business
Power Minister Promises Reforms and Relief in Electricity Sector
ISLAMABAD: Power Minister Awais Leghari announced on Friday that the nation would soon hear good news from negotiations with independent power…
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Business
NEPRA Approves Rs1.743 per Unit Hike in Electricity Bills
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an additional charge of Rs1.743 per unit for electricity consumers,…
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Business
Nationwide Strike Disrupts Businesses as Traders Protest Tax Reforms
Traders across Pakistan are on strike today, protesting against the government’s new tax reforms. The strike has led to widespread…
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Business
KATI Backs Nationwide Traders’ Strike, Urges Govt to Address Economic Crisis
The Korangi Association of Trade and Industry (KATI) has formally declared its support for the nationwide traders’ strike set to…
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