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Pakistan

Govt Likely to Raise Power Tariff by 26 Paisas in December

The government may increase electricity tariffs by 26 paisas per unit in December 2024 as the negative fuel cost adjustment (FCA) of Rs....

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...

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...