Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 07 Apr 2026 09:36:31 +0500 Tue, 07 Apr 2026 09:36:31 +0500 60 IPP model to be used for payments to govt power plants https://english.aaj.tv/news/30344933/ipp-model-to-be-used-for-payments-to-govt-power-plants <p><strong>The Federal Government has decided to issue grants to state-owned power generation companies on the model of independent power producers (IPP), according to sources.</strong></p> <p>Interim Finance Minister Shamshad Akhtar chaired a meeting of the Economic Coordination Committee on Wednesday.</p> <p>According to the sources, the meeting decided that government decided that power plants should be given technical grants on the model of IPPs.</p> <p>The meeting also approved an initial payment of Rs262 billion for the powerplants, the sources added.</p> <p> <figure class='media sm:w-1/3 w-full media--right media--embed media--uneven'> <div class='media__item media__item--newskitlink '> <iframe class="nk-iframe" onload="setInterval(()=>{try{this.style.height=this.contentWindow.document.body.scrollHeight+'px';}catch{}}, 100)" width="100%" frameborder="0" scrolling="no" style="height:400px;position:relative" src="https://www.aajenglish.tv/news/card/30331821" sandbox="allow-same-origin allow-scripts allow-popups allow-modals allow-forms"></iframe></div> </figure></p> <p>Additionally, the meeting also approved Rs57 billion as an advance subsidy for K-Electric to clear its dues.</p> <p>The ECC also decided that the export financing scheme would gradually be phased out.</p> The Federal Government has decided to issue grants to state-owned power generation companies on the model of independent power producers (IPP), according to sources.

Interim Finance Minister Shamshad Akhtar chaired a meeting of the Economic Coordination Committee on Wednesday.

According to the sources, the meeting decided that government decided that power plants should be given technical grants on the model of IPPs.

The meeting also approved an initial payment of Rs262 billion for the powerplants, the sources added.

Additionally, the meeting also approved Rs57 billion as an advance subsidy for K-Electric to clear its dues.

The ECC also decided that the export financing scheme would gradually be phased out.

]]> Business & Economy https://english.aaj.tv/news/30344933 Wed, 20 Dec 2023 19:34:43 +0500 none@none.com (Yasir Nazar) File photo