Govt scrutinizes previous power deals amid rising tariff concerns

News Image

MG News | July 23, 2024 at 10:06 AM GMT+05:00

0:00

July 23, 2024 (MLN): While addressing issues related to the high tariff rate in the country, Minister for Power Awais Ahmad Khan Leghari highlighted that the agreements made by previous governments with Independent Power Producers are currently under review.

Talking to a private channel, he said reforms in the power sector are imperative to bring electricity tariff rate at affordable price, the Information Ministry reported.

Minister for Power Awais Ahmad Khan Leghari further said that the government is taking all possible measures to bring reforms in the power sector to reduce the tariff rate.

He said we are reviewing the agreements made by the previous governments with Independent Power Producers.

"It is the top most priority of the government to lower burden from consumers of electricity and for this all necessary steps are being taken to achieve the objectives," the Minister added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 163,304.13
424.61M
-0.78%
-1286.28
ALLSHR 99,380.97
1,038.42M
-0.94%
-946.44
KSE30 49,842.51
138.16M
-0.73%
-367.30
KMI30 238,104.17
78.33M
-0.14%
-327.97
KMIALLSHR 65,590.95
485.77M
-0.66%
-435.42
BKTi 45,705.29
72.87M
-2.08%
-972.73
OGTi 32,671.23
13.00M
-0.23%
-74.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,990.00 112,355.00
109,820.00
570.00
0.52%
BRENT CRUDE 65.69 66.78
65.41
-0.30
-0.45%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.05
-1.29%
ROTTERDAM COAL MONTHLY 92.60 0.00
0.00
0.10
0.11%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 61.44 62.59
61.21
-0.35
-0.57%
SUGAR #11 WORLD 14.97 15.34
14.93
-0.32
-2.09%

Chart of the Day


Latest News
October 25, 2025 at 08:17 PM GMT+05:00

ECC directs urgent coordination to contain inflation


October 25, 2025 at 08:17 PM GMT+05:00

Govt mandates governance training for SOE board members


October 25, 2025 at 08:17 PM GMT+05:00

Pakistan, Canada eye collaboration in mineral, LNG sectors


October 24, 2025 at 05:12 PM GMT+05:00

AGP limited profit soars 80% in 9MFY25


October 24, 2025 at 05:06 PM GMT+05:00

PSX Closing Bell: Fading Out on Friday



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg