Five IPPs Agree to Terminate Power Purchase Agreements, Saving Billions for Pakistan
In a significant development, five Independent Power Producers (IPPs)—four established under the 1994 power policy and one under the 2002 policy—have agreed to terminate their Power Purchase Agreements (PPAs) with the government. This move comes as part of broader efforts to reduce Pakistan’s financial burden and ease pressure on consumers. According to a senior official […]