Government & IPPs agree to bring down generation cost and reduce circular debt: PM

MG News | August 14, 2020 at 02:25 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 14, 2020 (MLN): The Government has signed a new agreement with the Independent Power Producers (IPPs) to bring down cost of power generation and reduce circular debt.

The Prime Minister made this announcement from his official account on twitter.

He congratulated the nation on this achievement and emphasized that the government is fixing the damaging structure it inherited in the power sector.

The next reform target is the power distribution sector, the PM concluded.

Copyright Mettis Link News

Related News

Petrol price jumps Rs3.66/litre, diesel up Rs4.80 from July 25

SCO Foreign Ministers meet in Kyrgyzstan to discuss regional agenda

Govt reaffirms commitment to business-friendly reforms

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,185.00	65,895.00 63,680.00	-670.00 -1.03%
BRENT CRUDE	98.13	101.19 95.13	-2.56 -2.54%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.43	92.83 87.68	-1.76 -1.91%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%