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IFC, other lenders urge Pakistan to rethink move to renegotiate power contracts

  • Development finance institutions say contracts with independent power producers cannot be revised without lender approval
  • Pakistan is working to revise agreements with 14 IPPs to lower electricity tariffs and save approximately $5 billion to national exchequer
By ISMAIL DILAWAR  ·

Pakistan prepares to terminate take-or-pay contracts with independent power producers

By KASHIF IMRAN ·

Pakistan defers probe into private power sector’s alleged wrongdoing

By Reuters ·

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