The government will expand the scope of talks with IPPs to reduce tariffs
Islamabad: As electricity prices continue to rise, the government has decided to expand the scope of negotiations with independent power plants (IPPs) to cover hydel and natural gas-based projects as well, in a bid to reduce tariffs. Earlier, the Pakistan Tehreek-e-Insaf (PTI) government had started negotiations with the IPPs to revise the dollar indexation clause. A cap has been put in place to control electricity prices rising with further depreciation of the rupee. The current caretaker government has continued negotiations with wind power producers. Now, it has decided to talk to hydel and gas based IPPs as well. In a
