Sir: The post-loadshedding complications have always been the real problem of the consumers. The previous governments have also taken many steps to reduce the loadshedding and now the PTI government has taken the initiatives to reduce the IPPs’ production costs.
Under this newly agreement, signed with IPPs, the payment would only be made for electricity acquired and consumed instead of the total installed capacity of a particular power plant. Moreover, the equity return would be made in rupees rather than in the US dollars which will boost up the value of Pakistani currency.
By this accord government has also intended to enhance the share of renewable energy to 20 to 25 percent in the overall energy mix by the year 2030 which will help in reducing dependence on petroleum fuel and cost of power production. The impact of this agreement will soon benefit the consumers by visibly decrease in the monthly electricity billing and we may witness the reduction in electricity prices.
GHULAM MUSTAFA BALADI
Jamshoro