Chinese officials say working to accomplish task, no conditions attached
PM Imran chairs meeting on power sector reforms, says govt working on making the subsidy system transparent
According to new deal, profit rate for IPPs fixed at 12% instead of 15%
In the past, some would argue that this is because the major defaulters are in positions of power
Asad Umar says a commission will conduct a forensic audit and submit its findings in 90 days
Power Division will discuss eight-point plan with IPPs in meeting on Thursday
Mangla power units also shut since 2017; Senate body seeks details of losses caused by closure
IPPs’ representatives submit one-year earnings record with inquiry commission
Committee deliberates issues of high tariff, capacity charges and heat rates
Previous govts approved return on investment in dollars whereas investors invested in local currency