Issue of IPPs under consideration, says energy minister

ISLAMABAD: Federal Minister of Energy Awais Leghari on Thursday said that the issue of the IPPs has been under consideration.

Talking to media, Awais Leghari said that the issue of the independent power producers (IPPs) being seen from various angles. “We are seeing, how much time of an IPP is remaining,” he said.

“We also seeing, how much benefit or loss given by an IPP and what mechanism required to remove an expensive power producer and what price we have to pay for it,” energy minister said.

“Can we bear the price of removing the IPPs,” he questioned.

Pakistan’s energy minister said that “We will reach to a decision soon under the instructions of the prime minister,” he said.

He said the power tariff for all consumers will go down after January.

“I could not issue statements like Sheikh Rashid,” the minister replied when a media person asked about the future of the IPPs.