Advertisement

Mustafa Kamal Calls IPPs a National Security Threat

Advertisement

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.

Advertisement
News Desk

Recent Posts

SIMPACT 2026 Brings AI to the Forefront of Simulation Education

The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…

5 hours ago

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

7 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

4 weeks ago