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

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

Govt scraps solar licensing rules for small consumers

PM Shehbaz Sharif engages EU firms to boost investment

Pakistan BCI falls to 47.4 in April 2026

Name	Price/Vol	%Chg/NChg
KSE100	168,638.87 99.53M	0.13% 226.64
ALLSHR	100,910.79 233.07M	0.07% 69.64
KSE30	51,005.96 20.60M	0.03% 15.47
KMI30	242,548.98 56.25M	0.30% 714.83
KMIALLSHR	65,504.71 132.29M	0.28% 184.34
BKTi	47,210.74 11.21M	-0.27% -130.07
OGTi	34,846.93 1.12M	-0.27% -93.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,685.00	77,890.00 76,485.00	1025.00 1.34%
BRENT CRUDE	111.38	111.96 110.26	0.12 0.11%
RICHARDS BAY COAL MONTHLY	109.50	110.00 109.00	2.40 2.24%
ROTTERDAM COAL MONTHLY	104.75	106.75 104.75	0.45 0.43%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	99.59	100.74 98.42	-0.34 -0.34%
SUGAR #11 WORLD	14.24	14.30 13.98	0.27 1.93%