Federal Minister for Energy Awais Leghari has stated that the government does not intend to operate power plants and distribution companies (Discos).
Expressing his thoughts, Leghari said: "We are having a clear policy in line with the privatisation. We will review the agreements with independent power producers (IPPs).".
"I have given instructions to negotiate with the IPPs to review the agreements," said Leghari.
"The government has already issued orders to re-evaluate contracts with independent energy producers," he added.
– Gohar Ejaz calls for reviewing agreements with IPPs –
Meanwhile, former interior minister Gohar Ejaz on Wednesday underscored the importance of reviewing the agreements with the independent power producers (IPP) in a bid to steer the country towards the prosperity.
Taking to X, Ejaz said: "We are aware of the capacity payments going to the IPP sector. Coal plants are operating below 25 percent capacity yet receiving over Rs692 billion as full capacity charges. Wind operations are below 50 percent but getting Rs175 billion with exorbitant per unit charges."
"RLNG-based gas power plants are operating below 50 percent and receiving Rs180 billion per year, while solar operations get Rs110 billion with high per unit rates," he said.
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