Independent power producers (IPPs) in Pakistan are charging exorbitantly high amount for power tarrif and Pakistan government starts looking into contracts with unnecessary private companies amid massive protests against inflated bills.
With the dire situation, Planning Commission started efforts to cut expenses, including the potential end of free electricity for judges, lawmakers, and other institutions.
The new extreme measures stemmed from opposition protests against power agreements made with independent power producers (IPPs). To bing some relief, the government is working on an emergency plan to address issues with IPPs.
Under latest measures, the free fuel and electricity units will be removed for public sector employees, sources claimed.
Furthermore, the performance of National Electric Power Regulatory Authority and the Oil and Gas Regulatory Authority will be assessed, and a proposal to lower maximum demand indicator charges for factories is under consideration.
Shehbaz Sharif’s government is looking to prioritize cost-cutting measures while ensuring that legitimate concessions are provided only to industry and business sectors to tackle the energy crisis.
How much electricity base tariff hike will increase monthly bills?
