Tag Archives: Electricity Costs

Traders Across Pakistan Prepare for Nationwide Strike on August 28 On August 28, traders across Pakistan will unite in a nationwide strike to protest the unbearable electricity costs and the continuation of Independent Power Producer (IPP) agreements. The Central Traders Association (CTA) and the Sindh Traders Alliance (STA) are leading this movement, emphasizing the dire need to safeguard the economy …

Anticipation for Task Force on IPPs Zaki Aijaz, the Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed strong anticipation for the task force on Independent Power Producers (IPPs) and Pakistan’s Power Sector Reforms. He emphasized the need for holding the 40 IPPs accountable and providing necessary relief to the public. …

Introduction In a recent Senate Standing Committee on Energy meeting, Energy Minister Awais Leghari highlighted a dramatic increase in electricity costs from Independent Power Producers (IPPs), with unit prices soaring from Rs. 3 in 2016 to Rs. 285, marking a staggering 9600% rise over eight years. This revelation underscores significant concerns about the current structure and agreements with IPPs. Concerns …

The rising cost of electricity for industrial, commercial, and residential consumers is putting increasing pressure on the Pakistani government to take action. A prominent suggestion emerging from public debates is the nationalization of Independent Power Producers (IPPs), a move echoing past socialist policies. Understanding the Current Power Sector Currently, the installed power generation capacity in Pakistan is split equally between …