Tue, 21-Oct-2025

Govt agrees to pay Rs 72bn to five IPPs in final agreement

Govt agrees to pay Rs 72bn to five IPPs in final agreement

The federal government has decided to pay Rs 72 billion as a final settlement to five Independent Power Producers (IPPs) after terminating agreements with them. Prime Minister Shehbaz Sharif announced on October 10 that the agreements with the five IPPs would be terminated in the first phase. As part of the settlement, Hubco will receive … Read more