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How Can IPPS Contracts Be Cancelled?

The contracts of IPPs are falling like lightning on the people, the entire burden of which is on the pockets of the people, is it possible to get rid of these contracts?

Economist Khurram Shahzad said that there are two or three factors in the case of IPPs while only one issue is being discussed.

The second thing is that the problem is not the electricity, but the electricity supply. No government has done anything for this.

Due to this the problem of line losses and electricity theft arises, thirty out of a hundred units are wasted and this also affects the bill of the common man.

As far as capacity payments are concerned, the agreements are made by policymakers and governments.

Khurram Shehzad said that apart from line losses, revolving loans are also part of the reasons for the increase in electricity bills, besides other taxes are also the reason for the increase in electricity bills.

On the question of amending or revoking the contracts of IPPs, he said that in any contract, the terms and conditions are defined and there is a clause to resolve the problem in case of any problem or difficulty.

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