Pakistan Renegotiates Costly Contracts With 5 Private Power Producers

Quick Summary:

Similar deals with other Independent Power Producers, including some set up under CPEC, are in the pipeline.Will China agree?

Federal Energy Minister Awais Leghari discusses the power sector reforms at an event in Islamabad, Pakistan, Sep.25, 2024.

Prime Minister Shehbaz Sharif highlighted that these producers have voluntarily agreed to terminate their contracts in the national interest, emphasizing their role in paving the way for further reforms within the energy sector.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Umair Jamal

Category: Economy

Markets: United StatesAustraliaChinaGuineaIndiaKazakhstanKyrgyzstanMarshall IslandsPakistanPapua New GuineaSri Lanka

Topics: Producers Pakistan Power Negotiations Capacity Chinese Investors Contracts Energy Agreements

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 19:55:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1883 words

Reading Time: 11 minutes read

Sentences: 92 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22997378

View Article Analysis

About The Diplomat

Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 2 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: 4 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

Publisher Details

Frequently Asked Questions