The government of Pakistan claims to have saved a significant amount of Rs35 trillion through revised power deals. This development comes as a result of the government’s efforts to renegotiate power purchase agreements with independent power producers (IPPs).
The revised deals aim to reduce the financial burden on the country’s power sector, which has been struggling with circular debt and other financial challenges. The government’s move is expected to have a positive impact on the economy and help reduce the cost of electricity for consumers.
However, some critics argue that the revised deals may not be enough to address the underlying issues in the power sector, and that more needs to be done to ensure sustainable and affordable electricity for all.
The development is a significant step towards addressing the country’s energy challenges, but its impact will depend on the successful implementation of the revised deals and other reforms in the power sector.
Story by Khaleeq Kiani
