Federal Minister for Energy Awais Leghari stated today that the Independent Power Producers (IPPs) agreements are ‘cast in stone’ and will not change.. He said these agreements were as essential and binding as the China-Pakistan Economic Corridor (CPEC) agreements, which show their commitment to preserving such deals, which are crucial for the country’s power sector.
Efforts Made To Reduce Electricity Prices Awais Leghari
One of the major plans in this regard includes moving towards coal-based power generation. This measure is part of a broader initiative to reduce consumer energy costs. Using coal as a fuel for relatively cheap production compared to other inputs. Experts expect that producers will significantly reduce the total costs of electricity production, making it affordable for most people.
Challenges Faced During Transition Period And Their Solutions Awais Leghari
He admitted that the changeover from one form of energy to another could present some challenges during this period.. Still, he assured citizens, saying, “We have also looked into those areas where things might go wrong, and we are putting measures on the ground to stabilize our system.” The government is working on several fronts to address these issues while ensuring smooth operations within the power sector reform agenda. This shift towards coal-based power represents a significant milestone toward achieving sustainable, affordable prices over time.
