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Pakistan

Govt proposes new model to cut electricity tariff, 24 conditions set for IPPs

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By newsvan.net

The government has established 24 requirements for transitioning from the current capacity-based approach to a take-and-pay agreement with Independent Power Producers (IPPs), with the goal of lowering power rates for customers.

According to Business Recorder, the plan is part of ongoing discussions between the government and IPPs aimed at restructuring agreements that have led to high power rates.

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The agreement is nearing completion following important negotiations between senior government officials and IPP representatives in Islamabad.

Technical specialists reviewed records from several IPPs, scrutinizing fuel, machinery, and equipment procurement, in order to uncover cost-cutting opportunities.

Over the last decade, Rs1 trillion has been paid to 26 IPPs as capacity payments, highlighting the need for change in the industry.

According to the report, talks about the new power arrangements are being held at a secret site in Rawalpindi since a major member of the Power Sector Task Force refuses to attend sessions in Islamabad.

According to a draft proposal shared with stakeholders, the following 24 requirements provide the foundation for the transition to the take-and-pay model:

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Treasuries gain as markets reassess ‘Trump trades’ after Biden withdraws - newsvan.net on Biden under new pressure from top Democrats as Covid halts campaign
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Khurram wrecks Bangladesh A, Omair, Mubasir pile on runs - newsvan.net on T20 World Cup: Pakistan stay alive with 7-wicket win over Canada
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Rupee’s future hinges on dollar demand-supply, economic news: analysts - newsvan.net on Musk slams California laws, shifting SpaceX and X HQs to Texas
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Hezbollah fires rockets after Israel strike on Lebanon - newsvan.net on Heavy bombardment rocks Gaza City after mass evacuation order
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CM launches ‘air ambulance service’ - newsvan.net on Maryam committed to making healthcare accessible to every Punjab citizen
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Islamabad wants Chinese utilities to use Thar coal - newsvan.net on Patchy rain does little to cool down sweaty Karachiites
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Imran, Bushra Bibi’s acquittal in Iddat case challenged in IHC - newsvan.net on New Toshakhana case: Court grants Imran, Bushra’s 8-day physical remand
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PSX hits new record high as it crosses 81,800 - newsvan.net on Musk slams California laws, shifting SpaceX and X HQs to Texas
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Drone attack on Israel’s Tel Aviv leaves one dead, at least 10 injured - newsvan.net on Biden nears crunch point as pressure grows to drop out (US)A
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Punjab CM expresses satisfaction over best security arrangements on Ashura Day - newsvan.net on Maryam committed to making healthcare accessible to every Punjab citizen
Imran Khan, Bushra Bibi challenge arrests in new Toshakhana case - newsvan.net on The illogical vilification of investors
Imran Khan, Bushra Bibi challenge arrests in new Toshakhana case - newsvan.net on New Toshakhana case: Court grants Imran, Bushra’s 8-day physical remand
PTI to move SJC against ad hoc judges in SC - newsvan.net on PM commends security forces for ensuring best security arrangements on Ashura
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Court declares Sanam Javed’s arrest illegal - newsvan.net on PM commends security forces for ensuring best security arrangements on Ashura
Musk slams California laws, shifting SpaceX and X HQs to Texas - newsvan.net on Fully electric 90-passenger plane could fly 500 mile
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PM commends security forces for ensuring best security arrangements on Ashura - newsvan.net on FM Dar urges safety for Pakistani students amid Bangladesh protests
PM commends security forces for ensuring best security arrangements on Ashura - newsvan.net on Karachi weather: Second spell likely in next two days
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Musk to move SpaceX and X HQ over gender identity law - newsvan.net on Hubco subsidiary joins hands with Chinese giant BYD to introduce EVs
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Pakistanis and Indian among six killed in Oman attack claimed by IS - newsvan.net on Heavy bombardment rocks Gaza City after mass evacuation order
Pakistanis and Indian among six killed in Oman attack claimed by IS - newsvan.net on Cyanide found in blood of Bangkok hotel victims
Cyanide found in blood of Bangkok hotel victims - newsvan.net on ICJ to issue verdict on Israeli occupation of Palestinian territories on July 19
Cyanide found in blood of Bangkok hotel victims - newsvan.net on Who is Thomas Matthew Crooks, the suspected Trump rally shooter
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Pakistan demands ‘decisive’ action from Afghanistan against terrorists after Bannu terror attack - newsvan.net on The illogical vilification of investors
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Here is How Punjab Will Suspend Mobile Services During Ashura - newsvan.net on New Toshakhana case: Court grants Imran, Bushra’s 8-day physical remand
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Who is Thomas Matthew Crooks, the suspected Trump rally shooter - newsvan.net on Israeli forces bombard Gaza City as tanks re-enter central areas
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Heavy rains forecast for Punjab on Muharram 8 and 9 - newsvan.net on NDMA issues flash flood warning amid torrentialin rains several regions
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Toshakhana new case: PTI founder, Bushra Bibi’s 8-day physical remand approved - newsvan.net on PM Shehbaz urges collective responsibility, int’l recognition of Pakistan’s Afghan refugee ‘burden’
newsvan.net on Gaza ceasefire and hostage release efforts gain momentum
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Heavy bombardment rocks Gaza City after mass evacuation order - newsvan.net on Israeli forces bombard Gaza City as tanks re-enter central areas
ICJ to issue verdict on Israeli occupation of Palestinian territories on July 19 - newsvan.net on Indonesian landslide triggered by heavy rain leaves 11 dead and dozens missing at illegal gold mine
IHC to hear plea against ISI’s call interception powers - newsvan.net on US Ambassador Blome and Interior Minister Naqvi discuss bilateral cooperation
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Indonesian landslide triggered by heavy rain leaves 11 dead and dozens missing at illegal gold mine - newsvan.net on Children’s hospital hit as Russian strikes kill dozens in Ukraine
Indonesian landslide triggered by heavy rain leaves 11 dead and dozens missing at illegal gold mine - newsvan.net on Reformist beats hardliner to win Iran presidency
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Maryam committed to making healthcare accessible to every Punjab citizen - newsvan.net on ECP seeks time to submit Form-45 record of Maryam Nawaz’s PP-159
Maryam committed to making healthcare accessible to every Punjab citizen - newsvan.net on Imran Khan acquitted in another case
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Monsoon rains to hit eastern Sindh from Friday, Met Department warns - newsvan.net on ECP seeks time to submit Form-45 record of Maryam Nawaz’s PP-159
Monsoon rains to hit eastern Sindh from Friday, Met Department warns - newsvan.net on PM directs to remain high alert during Monsoon season
Afghan Taliban meet Pakistani officials in Doha, term meeting ‘good’ - newsvan.net on PM directs to remain high alert during Monsoon season
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PM directs to remain high alert during Monsoon season - newsvan.net on Lahore Airport runways shut down
Imran Khan’s detention is Pakistan’s ‘internal matter’: US - newsvan.net on Taliban hold diplomatic talks in Doha
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CPI-based inflation clocks in at 12.6pc for June - newsvan.net on SC questions how PTI got election symbol in 2018 without intra-party polls
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Taliban hold diplomatic talks in Doha - newsvan.net on Israeli airstrikes kill at least 24 in Gaza City, health officials say
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Lahore Airport runways shut down - newsvan.net on President, PM condoles over death of King of Moroco’s mother
Gold Rate in Pakistan Today: Per Tola Bullion Rises Two Sessions Straight! - newsvan.net on Gold prices see another big jump in Pakistan
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President Zardari gives assent to tax-laden finance bill - newsvan.net on Heavy rain likely to lash Karachi from Thursday
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ICC issues arrest warrants for Russian army chief, ex-minister - newsvan.net on WikiLeaks’s Julian Assange declared ‘free man’ in Saipan after US plea deal
ICC issues arrest warrants for Russian army chief, ex-minister - newsvan.net on Israeli airstrikes kill at least 24 in Gaza City, health officials say
Israeli airstrikes kill at least 24 in Gaza City, health officials say - newsvan.net on Israeli strikes on Rafah tent camps kill 25 Palestinians, wound 50 others
Israeli airstrikes kill at least 24 in Gaza City, health officials say - newsvan.net on Gaza truce plan in balance as parties study Hamas response
WikiLeaks’s Julian Assange declared ‘free man’ in Saipan after US plea deal - newsvan.net on Australia’s most senior diplomat in UK flying with Julian Assange to Saipan
Oath ceremony held for three newly elevated SC judges - newsvan.net on NA erupts with slogans against military operation in K-P, FATA
Gold prices drop by Rs1,400 per tola, silver rates inch up - newsvan.net on Gold prices see another big jump in Pakistan
Israeli strikes on Rafah tent camps kill 25 Palestinians, wound 50 others - newsvan.net on Israeli shelling kills dozens across Gaza amid intense conflict
Israeli strikes on Rafah tent camps kill 25 Palestinians, wound 50 others - newsvan.net on Israeli forces step up strikes across Gaza
Israeli forces step up strikes across Gaza - newsvan.net on Israeli shelling kills dozens across Gaza amid intense conflict
Israeli shelling kills dozens across Gaza amid intense conflict - newsvan.net on Gaza truce plan in balance as parties study Hamas response
‘Rape survivor’, widow mother publicly beaten up by suspects in Okara - newsvan.net on Okara man kills widowed sister-in-law for refusing marriage
Imam-e-Kaaba delivers Hajj sermon to millions gathered at Arafat - newsvan.net on Pilgrims from all over the world pray on Mount Arafat in Haj climax
https://Www.Waste-Ndc.pro/community/profile/tressa79906983/ on Biden and Trump, trading barbs, agree to 2 presidential debates, in June and September
https://Www.Waste-Ndc.pro/community/profile/tressa79906983/ on Biden and Trump, trading barbs, agree to 2 presidential debates, in June and September
JamesKah on Gold prices see another big jump in Pakistan
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Gold shines for second week in row on US interest rate cuts; silver reaches 11-year high - newsvan.net on Gold prices see another big jump in Pakistan
PM Shehbaz to attend funeral of Iranian President Ebrahim Raisi in Tehran - newsvan.net on Iran President Raisi feared dead as rescue officials locate helicopter crash site

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