The local English newspaper “Express Tribune” has claimed that the government has decided to terminate the contracts with 15 Independent Power Producers (IPPs).
The Express Tribune While giving news with reference to government sources, the task force headed by Energy Minister Owais Leghari finalized the framework as part of the measures taken by the government to provide relief to the people suffering from expensive electricity.
According to the report, the government has decided to review the contracts with 15 IPPs companies under which the contracts with six IPPs established in the 90s will be terminated immediately and contracts with nine IPPs on a phased basis. will be terminated.
Federal Minister Owais Leghari has said that the energy sector is important for the economy, reforms are being made in it and will ensure the implementation of these reforms.
Government’s decision to end expensive power plants to reduce the price of electricity
He said that coordination is necessary to implement reforms. The National Task Force will work on energy sector reforms, 20-point reforms have already begun. The sooner things are fixed, the sooner the economy will get back on track.
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2024-08-13 02:55:06
