Business & Economy Published 02 Feb, 2025 10:28am Big decrease in electricity prices for consumers soon Renegotiation with IPPS is anticipated to yield significant savings
Pakistan Published 14 Jan, 2025 08:59pm Electricity prices could be cut by Rs11/unit after IPP reforms Prime Minister Sharif hailed the revised agreements as a major success
Business & Economy Published 18 Dec, 2024 02:20pm Govt aiming to cut electricity tariffs by Rs12 per unit by March 2025 Talks will extend to government power plants, provincial power plants and GENCOs
Pakistan Published 13 Dec, 2024 08:35pm Electricity prices to fall after govt plan to terminate 6 IPP agreeements Estimated saving of Rs300 billion is expected
Business & Economy Published 10 Dec, 2024 04:01pm Federal cabinet approves tariff review for eight additional IPPs A meeting was chaired by Prime Minister Shehbaz Sharif in Islamabad
Business & Economy Updated 05 Dec, 2024 04:30pm Government task force, 17 IPPs reach agreement on hybrid ‘take and pay’ model The Board approved executing an Amendment Agreement
Pakistan Published 30 Oct, 2024 10:06pm Foreign govts raise issues over termination of IPP contracts The Settlement Agreement is unacceptable to foreign investors in its current form
Business & Economy Published 30 Oct, 2024 12:57pm Govt under fire for ‘one-sided’ move on IPP agreements, say reports The German side requested intervention from Pakistani decision-makers
Business & Economy Updated 28 Oct, 2024 05:35pm 10 IPPs demand contract termination from prime minister amid rising tariff concerns The IPPs have requested an urgent meeting with all stakeholders
Business & Economy Published 20 Oct, 2024 11:16am Government to convene meetings with IPPs on contract changes Government previously claimed that terminating power purchase agreements of five IPPs
Business & Economy Updated 14 Oct, 2024 09:32am Govt stops payment to 18 IPPs to renegotiate contracts Five IPPs have already agreed to terminate contracts
Pakistan Published 11 Oct, 2024 12:43pm Will electricity bills decrease after termination of IPP contracts? One expert says 41 power plants still remain
Pakistan Updated 11 Oct, 2024 01:48am Federal cabinet approves decision to end contract with five IPPs to save $1.48 Negotiations with more power producers underway
Business & Economy Published 08 Oct, 2024 10:31am Major breakthrough as four IPPs agree to terminate contracts early Hubco is also expected to follow suit
Pakistan Published 29 Sep, 2024 09:35am JI to protest across Pakistan today against electricity prices, IPPs The party's sit-in in Rawalpindi has been postponed
Pakistan Published 24 Sep, 2024 03:56pm As electricity bills rise, net metering users drastically increase in Pakistan Govt faces pressure to revise agreements with IPPs to stabilize the power supply
Business & Economy Updated 22 Sep, 2024 06:15pm Possibility of major reduction in electricity prices as govt, IPPs try to resolve issues Over 100 powerhouses are being reviewed for tariff adjustment
Pakistan Published 21 Sep, 2024 03:14pm Govt expects tariff relief following review of independent power producers Govt is renegotiating contracts to address "unsustainable" electricity prices that are among the highest in the region
▶️ Business & Economy Published 15 Sep, 2024 01:06pm IPPs warn against renegotiating contracts, give long list of demands to govt The companies have asked govt to remove 38% taxes
Business & Economy Published 13 Sep, 2024 10:16am Federal govt disbursed Rs979.3b to 33 IPPs in FY 2023-24 Rs106.99 billion has been disbursed to power companies: Leghari
Business & Economy Published 12 Sep, 2024 09:04am Govt expands probe into Independent Power Producers amid resistance Plant owners are reluctant to terminate contracts based on the current net value o
Business & Economy Published 07 Sep, 2024 04:47pm Govt renegotiating power deals with IPPs to cut costs: Leghari Power minister says existing price structure of power not sustainable
Business & Economy Published 02 Sep, 2024 01:19pm Pakistan proposes plan to IMF for electricity price cut Rs2.8 trillion will be used to close down inefficient power plants
Business & Economy Updated 01 Sep, 2024 06:29pm Power Division denies reports that investigation committee summoned IPPs owners Media reports claimed that six owners of IPPs have been summoned to Islamabad on Monday
Pakistan Published 01 Sep, 2024 03:54pm Power division denies reports of IPP owners being summoned Reports had claimed 13 IPP owners were summoned to Islamabad
Business & Economy Published 31 Aug, 2024 07:00pm Government paid Rs1tr in capacity payments to IPPs over 10 years Of total payments, Rs536.3 billion was allocated to gas and RLNG-based power plants
▶️ Business & Economy Updated 18 Aug, 2024 12:44am Payments to IPPs being ‘hyped up’, says state finance minister Cites PM Shehbaz will tell nation in next 10 to 15 days about agenda on reforms for inclusive growth
Business & Economy Published 17 Aug, 2024 10:47am Power Division willing to share IPP agreements with NA standing committee on power The electricity prices were increased due to the pressure of IMF: Secretary Power
Pakistan Published 18 Apr, 2022 08:50am Finance ministry refuses to support Rs50b grant for projects under CPEC Cash strapped Power Division seeks PM’s help to recover Rs111b from provinces sans AJK
Pakistan Updated 30 Mar, 2022 02:04pm Power outages may continue during Ramazan due to furnace oil shortage Sources say key reason for the shortage of furnace oil is ‘non-availability of funds to IPPs’