Fossil Fuel-Based Independent Power Plants (IPPs) are integral to ensuring consistent power supply to the populace, particularly in light of the intermittent nature of renewable energy sources. These IPPs mitigate the variability inherent in renewable power generation, thereby enhancing the reliability of the national grid.
Notably, in the Fiscal Year 2022-23, Lal Pir Power Plant emerged as the most costly among fossil fuel-based IPPs, while Engro Powergen Thar remained the most economical. Addressing the challenges of power affordability, Thar coal emerges as a promising solution within the fossil fuel domain.
