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

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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.

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