{"id":69379,"date":"2020-08-19T09:56:56","date_gmt":"2020-08-19T04:56:56","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69379"},"modified":"2020-08-18T18:05:23","modified_gmt":"2020-08-18T13:05:23","slug":"govt-reveal-details-electricity-cost-reduction-power-reforms-3-weeks","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-reveal-details-electricity-cost-reduction-power-reforms-3-weeks.html","title":{"rendered":"Govt to reveal details on electricity cost reduction, power reforms in 3 weeks"},"content":{"rendered":"\n<p>Islamabad: Federal Minister for Energy Omar Ayub Khan on Monday stated that the government planned to announce new power reforms as well as the details of the speculated reduction in electricity costs within three weeks, a news source reported.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/agreement-signed-ipps-cut-cost-power-generation-circular-debt-shibli.html\" target=\"_blank\" rel=\"noreferrer noopener\">Agreement signed with IPPs to cut cost of power generation, circular debt: Shibli<\/a><\/p>\n\n\n\n<p>He expressed his views on the matter during a press conference held in the capital city. Special Assistant to the Prime Minister (SAPM) on Power Shahzad Qasim was also present on the occasion.<\/p>\n\n\n\n<p>Khan added that the executive had finalised new agreements with the independent power producers (IPPs), whereas those with the government power generation plants will be finalised in the upcoming weeks. The minister, however, did not reveal complete details of the savings expected through these agreements; stating that these will be revealed along with the reforms.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/banks-assistance-sought-on-privatisation-of-balloki-haveli-bahadur-power-plants.html\" target=\"_blank\" rel=\"noreferrer noopener\">Banks\u2019 assistance sought on privatisation of Balloki, Haveli Bahadur power plants<\/a><\/p>\n\n\n\n<p>He did, however, announce that the government power plants would also decrease their rates as per the agreements with IPPs and that the reforms will be announced to the benefit of country\u2019s industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Minister for Energy Omar Ayub Khan on Monday stated that the government planned to announce new power reforms as well as the details of the speculated reduction in electricity costs within three weeks, a news source reported. Read: Agreement signed with IPPs to cut cost of power generation, circular debt: Shibli He expressed his views on the matter during a press conference held in the capital city. Special Assistant to the Prime Minister (SAPM) on Power Shahzad Qasim was also present on the occasion. Khan added that the executive had finalised new agreements with the independent power producers (IPPs), whereas those with the government power generation plants will be finalised in the upcoming weeks. The minister, however, did not reveal complete details of the savings expected through these agreements; stating that these will be revealed along with the reforms. Read: Banks\u2019 assistance sought on privatisation of Balloki, Haveli Bahadur power plants He did, however, announce that the government power plants would also decrease their rates as per the agreements with IPPs and that the reforms will be announced to the benefit of country\u2019s industries.<\/p>\n","protected":false},"author":57,"featured_media":64295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[37194,37193],"persona":[],"class_list":{"0":"post-69379","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-federal-minister-for-energy","9":"tag-power-reforms","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to reveal details of power reforms in 3 weeks - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Federal Minister for Energy Omar Ayub Khan on Monday stated that the government planned to announce new power reforms as well as the details of the speculated reduction in electricity costs within three weeks, a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-reveal-details-electricity-cost-reduction-power-reforms-3-weeks.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to reveal details of power reforms in 3 weeks - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Federal Minister for Energy Omar Ayub Khan on Monday stated that the government planned to announce new power reforms as well as the details of the speculated reduction in electricity costs within three weeks, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-reveal-details-electricity-cost-reduction-power-reforms-3-weeks.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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