He said that now it is the turn of government power plants in the negotiations with IPPs, all IPP contracts will be reviewed,
arlier, in the meeting of the National Assembly’s Power Committee, Owais Leghari said that 75 percent of the total cost of electricity is capacity charges, four meetings have been held with the KPK Chief Minister
, according to his wishes, electricity was left open on the feeders that were most stolen, an agreement was made and will be given to the chairman committee today, the condition was that first the electricity was opened and then the people would be disconnected.
The federal minister said that it was implemented for 75 days, I will give details of how many feeders and how much electricity was left open, the administration did not help us,
Owais Leghari said that a decision will be taken regarding Capto gas in a month, residential consumers have also received a relief of Rs 4 in electricity tariff,
The price of electricity can be reduced by Rs 10 to 12 per unit, agreements with five IPPs have expired, the cabinet has approved the tariff revision of eight bagasse,
Talks are underway with sixteen IPPs, after which it will be the turn of government IPPs.
The federal minister said that after this, the turn of return on equity of government plants will come, K Electric is being asked for a profit of Rs 500 billion in the next five to seven years,
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