MQM’s Mustafa Kamal has termed independent power plants (IPPs) a threat to national security.
In a statement, Kamal demanded the immediate removal of the capacity payments clause from IPP agreements, highlighting that billions of rupees are being paid for electricity that is not being generated.
Kamal pointed out that the amount allocated for capacity payments has surpassed the defense budget. He emphasized that while these agreements were signed under various governments, the focus should be on finding a solution rather than placing blame.
Kamal stated that Pakistan cannot sustain these agreements and urged for their review. He expressed that the national economy and development have suffered, making it impossible for people to afford electricity at 60 rupees per unit. He called on the prime minister to discuss the issue with China and acknowledge the mistakes made, stating that Pakistan cannot bear the burden of these agreements.
Karachi witnessed a vibrant diplomatic gathering, as the Honorary Consulate of Mozambique marked the country’s…
Professor Karim Damji has been appointed as the Dean of the Medical College, Pakistan. A…
Global accountancy body ACCA (the Association of Chartered Certified Accountants) has announced a redesign of…
Pakistan’s first monsoon spell of the season begins today, with widespread rainfall forecast across the…
Advergic is the only ad tech company in Pakistan officially partnered with Google to directly…
33-year-old state legislator Zohran Mamdani is on track to win New York City’s Democratic mayoral…
This website uses cookies.