ICCI calls for revisiting PPAs with IPPs to save businesses

Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the root cause of the surging circular debt and rising power tariffs was the power purchase agreements (PPAs) signed with the International Power Producers (IPPs). He called upon the government to revisit PPAs with IPPs to pay them in local currency, said […]

ICCI calls for revisiting PPAs with IPPs to save businesses
Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the root cause of the surging circular debt and rising power tariffs was the power purchase agreements (PPAs) signed with the International Power Producers (IPPs). He called upon the government to revisit PPAs with IPPs to pay them in local currency, said […]