Saturday, June 14, 2025
-Advertisement-

PM Shehbaz Sharif Approves Tariff Renegotiations with Eight IPPs

- Advertisement -

The federal cabinet, under the chairmanship of Prime Minister Shehbaz Sharif, approved tariff renegotiations for eight Independent Power Producers (IPPs), aiming to save the national treasury Rs200 billion, according to sources.

The decision follows recommendations from the Special Task Force on IPPs and includes tariff reviews for JDW, Chiniot Power, Hamza Sugar, Al-Moiz Power Plant, Thal Industries, and Chenar Energy.

- Advertisement -

During the meeting, which also focused on the country’s political and economic challenges, it was highlighted that this step builds on earlier cabinet actions, such as the cancellation of agreements with five IPPs, in a bid to reduce financial pressures.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Bridging the Gap: How Development Communication Can Address Unemployment

Unemployment has become a serious and complex issue in...

Pakistan Open Data Conference 2025 Marks the Launch of National Open Data Portal

The National Center in Big Data and Cloud Computing...

Best hotel deals for summer holidays in Dubai

Got a Dubai trip lined up this summer? Perfect...

CBD Punjab Strengthens Academia-Industry Linkages With Bahria University Student Visit

The Punjab Central Business District Development Authority (PCBDDA), also...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!