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.
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.
In Lahore, Pakistan, the Punjab Home Department has unveiled an updated list of banned outfits…
Hollywood actor Channing Tatum took to Instagram Stories on Thursday, praising the United Kingdom for…
The International Monetary Fund (IMF) highlighted Pakistan's substantial progress under its Extended Fund Facility (EFF)…
The United States is currently engaged in “active negotiation” regarding the sale of Venezuelan crude…
Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry…
The Punjab government has unveiled a Rs3 billion initiative to combat smog in Lahore by…
This website uses cookies.
