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BusinessPakistan

Major Progress in Talks with IPPs: Task Force Recommends Shutting Down 5 Power Plants

Significant progress has been made in the government’s negotiations with Independent Power Producers (IPPs), following the establishment of a task force by the...

BusinessPakistan

Power Division Reveals Over Rs 979 Billion Paid to 33 IPPs in One Year

The Power Division has disclosed in the National Assembly that over Rs 979.29 billion was paid to 33 Independent Power Producers (IPPs) from...

Pakistan

Hafiz Naeem Criticizes Government’s Economic Management, Cites Privatization and Corruption as Major Concerns

Hafiz Naeem-ur-Rehman has strongly criticized the government, urging them to effectively manage state institutions instead of privatizing them. He argued that privatization leads...

BusinessPakistan

5 IPPs End Contracts, Gov to Save Rs. 411 Billion, Owais Leghari

The National Task Force was established to bring reforms to the power sector, with members including Energy Minister Owais Leghari, army officials, and...

Pakistan

Jamaat-e-Islami to Hold Nationwide Protests Against IPPs Today

Jamaat-e-Islami (JI) is set to stage protests across the country today against Independent Power Producers (IPPs) after the expiration of the 45-day agreement....

Pakistan

45-Day Agreement Period with Government Ends, Hafiz Naeem Hints at Another Long March

Karachi: Ameer Jamaat-e-Islami Pakistan, Hafiz Naeem-ur-Rehman, held a press conference at Idara Noor-e-Haq, Karachi, where he stated that the 45-day period of the...

Pakistan

Government Decides to Shut Down 5 IPPs, Talks on Profit Reduction Ongoing

According to media reports, the government has decided to shut down five Independent Power Producers (IPPs), while negotiations with around 100 other IPPs...

Pakistan

Hafiz Naeem Rejects Minor Reduction in Electricity Bills, Demands Rights, Not Charity

Ameer Jamaat-e-Islami, Hafiz Naeem ur Rehman, has criticized the minor reduction in electricity bills, labeling it as charity. He asserted that people do...