Turkish RPP is Pak’s most expensive power generation pact
November 21st, 2010 - 1:29 pm ICT by ANILahore, Nov 21 (ANI): The Rental Power Plant agreement that Pakistan has signed with Turkey is the most expensive in the country’s history.
According to PEPCO sources, the government would have to raise power tariff by two per cent every month for providing the rent of this RPP. The consumer would have to bear this burden instead of getting a subsidy, Geo News reports.
The power tariff would gradually reach to 15 rupees per unit owing to this expensive deal, sources added.
A former PEPCO MD revealed that investors are reluctant to sign any deal with the present government over RPPs. The former official said that 1900MW electricity had been included in the national grid through pacts in Musharraf’s regime, and the present government was getting its credit. (ANI)
- Thrifty power users in Delhi to get subsidy - Aug 30, 2011
- Jharkhand to spend Rs.1,600 crore to lay power lines - Feb 26, 2012
- Pakistan reels under power crisis - May 25, 2012
- India's solar power mission on schedule - Mar 15, 2011
- Solar mission goal may be scaled down 80 percent - Jan 08, 2010
- CII concerned over power tariff hike in Andhra - Apr 03, 2012
- Pakistan mulls five-day week to conserve electricity - Sep 08, 2011
- Neyveli Lignite to go alone on Gujarat power project - May 27, 2011
- Pakistan seeks to buy power from Iran - Jun 13, 2011
- Pakistan faces 4,500 MW power shortfall - Mar 20, 2010
- Pakistan power shortfall reaches 6,000 MW - May 27, 2012
- Power tariff in Tamil Nadu goes up - Mar 30, 2012
- Karnataka to buy 1,000MW daily to meet demand - Jan 13, 2012
- Consumers to pay more for power in Bihar - Jun 01, 2011
- Tripura gives 12 percent subsidy on power tariff - Apr 03, 2012
Tags: electricity, geo news, investors, national grid, pact, pacts, pakistan, pepco, power generation, power plant, power tariff, present government, regime, rpp, rupees, subsidy, turkey