This was done through amending arbitration clause in agreement instead of starting further probe in light of recommendations of Muhammad Ali’s report on IPPs
Former finance minister says the reduction in revenue collection from eliminating taxes can be offset by reducing funds allocated to the Public Sector Development Programme
PM Shehbaz has dispatched his team to Beijing for discussion on major financial cooperation issues including issuance of Panda Bonds, re-profiling of loans, and conversion of imported coal power plants on Thar coal
PM Shehbaz has directed Pakistan’s ambassador to China to ensure meetings of Ministers for Finance and Power with relevant Chinese authorities to discuss their proposed plans
Concerned authorities collect more than 1 billion 63 crore rupees from electricity thieves in Lahore, Gujranwala, Faisalabad, Multan, and Islamabad between June 30 and July 17
PM Shehbaz constitutes Inter-Ministerial Committee to review existing PPAs template to protect consumers against losses caused by inadequacies on part of power producers