ISLAMABAD: According to Awais Leghari, the Federal Minister for Energy (Power Division), talks with the International Monetary Fund (IMF) for captive power plants are in progress. These projects might lower electricity prices by Rs10–12 per unit.
Leghari said he was hopeful that the issue was getting closer to being resolved during a meeting of the National Assembly’s Standing Committee on Energy on Thursday.
Plans to examine eight bagasse-based power facilities and sixteen more were disclosed by the minister.
He stated that an examination of the return on equity for government-owned plants will come after these assessments. “By the end of this month, the issue of captive power plants will be resolved,” he stated, adding, “The electricity prices for domestic consumers have already been reduced by Rs4 per unit.”
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