pakistan
Pakistan’s payments to IPPs surge to Rs3.4 trillion, Senate committee told
Key takeaways
- Officials from the National Electric Power Regulatory Authority (NEPRA) informed the committee that the government pays approximately Rs3.4 trillion annually to IPPs.
- According to NEPRA officials, the average electricity tariff currently stands at Rs36 per unit, of which nearly Rs18 per unit is charged in the form of capacity payments.
- Members of the standing committee expressed serious concerns over the massive payments being made to power producers and sought a detailed report on all energy and capacity payments made to IPPs.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Pakistan’s annual payments to Independent Power Producers (IPPs) have surged to Rs3.4 trillion, officials revealed during a meeting of the Senate Standing Committee on Cabinet Secretariat on Tuesday.
Officials from the National Electric Power Regulatory Authority (NEPRA) informed the committee that the government pays approximately Rs3.4 trillion annually to IPPs.
According to NEPRA officials, the average electricity tariff currently stands at Rs36 per unit, of which nearly Rs18 per unit is charged in the form of capacity payments.
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