Bagasse-based IPPs agree with Govt to cut power tariffs

ISLAMABAD: (HRNW) After solar-based independent power producers (IPPs), bagasse-based IPPs have also agreed to sign amended power purchase agreements with the government.

The signing of the amended purchase agreements will slash the existing tariffs to a considerable extent.

The bagasse-based IPPs have agreed to sign the amended power purchase agreements with a government team of officials negotiating with the IPPs over tariffs, sources said.

Eight bagasse-based IPPs will sign amended deal of power tariff with the government according to sources.

 

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