Progress made on draft agreement with 3 gas-based IPPs: Sources

ISLAMABAD, Jan 21 (APP): Progress was made on the agreement with the Independent Power Producers -as three gas-based leading IPPs agreed on a draft of legally binding contracts on the basis of MOUs initially signed in August 2019. The three companies; Sapphire, Halmore, and Orient, setup under the 2002 power policy, have moved ahead on… Continue reading Progress made on draft agreement with 3 gas-based IPPs: Sources

PM announces relief package for industry with 50pc cut on additional electricity usage

PM announces cutting of electricity tariff for industries

ISLAMABAD, Nov 3 (APP): Prime Minister Imran Khan on Tuesday announced a relief package for industrial sector with 50 percent reduction in rate of commercial electricity on additional usage by Small and Medium Enterprises. Flanked by his team of economic experts here, the Prime Minister said the package would promote industries in the country that… Continue reading PM announces relief package for industry with 50pc cut on additional electricity usage

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