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Published 10 Dec, 2024 04:01pm

Federal cabinet approves tariff review for eight additional IPPs

In a decisive move, the federal cabinet has approved a tariff review for an additional eight Independent Power Producers (IPPs), including JDW, Chiniot Power, Hamza Sugar, and Al-Moez Power Plant.

This decision was made during a meeting chaired by Prime Minister Shehbaz Sharif in Islamabad.

Sources indicate that the cabinet also approved tariff reviews for Indus, Thal Industries, and Chenar Energy.

The recommendations came from a special task force established to address issues related to IPPs.

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During the briefing, officials highlighted that the new tariff reviews could lead to significant savings for the national treasury, estimated at around Rs200 billion.

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