Govt, IPPs Agree to Reduce Power Tariff

The federal government and the IPPs have agreed to create an electricity tariff reduction technical team. The Committee shall consist of the Power Division and IPPs members.

In addition, during the negotiations carried out under the 1994 and 2002 Power Policy, the private sector decided to reform the payment mechanism for power.

The committee will also be allowed to submit a report in a few weeks’ time.

Federal Minister for Energy Omar Ayub reppresented the federal government in the dialogues with the power providers. Omar Ayub said that power tariff was continuously increased during the last few years. He urged for the need of holding talks with the IPPs over electricity tariff.

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