So far 47 IPPs with an overall production capacity of 7450MW electricity have agreed to sign the agreement with the government for a cheaper power supply.
Lauding the amendments made to the agreements with the independent power producers (IPPs) by mutual consent, Prime Minister Imran Khan on Monday said that revisiting the contracts will help reduce the country's circular debt.
The minister added that the consumers will be provided low-cost electricity after the implementation of reform plans in production and supply sections.