In a decisive move, the federal cabinet has approved a tariff review for eight additional Independent Power Producers (IPPs), including JDW, Chiniot Power, Hamza Sugar, and Al-Moez Power Plant.
The decision was made during a meeting in Islamabad, chaired by Prime Minister Shehbaz Sharif. Sources reveal that the cabinet also gave its approval for tariff reviews for Indus, Thal Industries, and Chenar Energy.
These recommendations were put forward by a special task force formed to address concerns regarding IPPs. During the briefing, officials emphasized that the revised tariffs could result in substantial savings for the national treasury, potentially amounting to Rs200 billion.
