Islamabad: In a groundbreaking move, Pakistan has launched an independent electricity market system, marking a major shift in the country’s power trading landscape. The initiative aims to bring transparency, efficiency, and competition to the energy sector. The National Electric Power Regulatory Authority (NEPRA) has officially licensed the Independent System and Market Operator (ISMO). This newly …
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Govt Aims to Cut Power Tariff by Rs10, says Energy Minister
ISLAMABAD: The federal government is moving to reduce the electricity tariff by up to Rs10 after terminating power purchase agreements with five Independent Power Producers (IPPs). This decision is expected to save the national exchequer Rs411 billion, according to officials. Energy Minister Awais Leghari announced this development during a press conference following the federal cabinet’s …
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