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Pakistan Published 03 Mar, 2025 06:10pm

Owais Leghari: Government to halt further electricity purchases

Power sector reforms discussed with international development partners

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