Gohar Ejaz Criticizes Rs. 10 Billion Monthly Payments to Non-Productive IPPs

Former Caretaker Minister Alleges Misuse of Public Funds

Islamabad: Former caretaker Federal Minister Gohar Ejaz has criticized the government for disbursing Rs. 10 billion monthly to four Independent Power Producers (IPPs) without any electricity generation. He claims that public earnings are being funneled to 40 families under the guise of Capacity Payments.
Ejaz urged the government to stop exploiting consumers and misusing public funds. He highlighted that half of the IPPs are operating at less than 10% capacity while still receiving significant payments.

  • Related Posts

    State Bank Reports Significant Rise in Imports from China, While Exports Decline

    State Bank data reveals a significant rise in imports from China, with a 30% increase in the first half of FY25. Meanwhile, Pakistan’s exports to China have declined, contributing to…

    Pakistan’s IT Exports Reach Record $348 Million in December, Marking 15% Growth

    Pakistan’s IT exports hit a record $348 million in December 2024, marking a 15% increase compared to the same month last year. This achievement continues a streak of 15 consecutive…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    City Karachi

    Hafiz Naeem-Ur-Rehman Officially Inaugurates “Mera Brand Pakistan Expo” in Karachi

    Hafiz Naeem-Ur-Rehman Officially Inaugurates “Mera Brand Pakistan Expo” in Karachi

    Concerns Rise in Karachi as Three Children Abducted in a Week

    Concerns Rise in Karachi as Three Children Abducted in a Week

    Livestock Expo 2025: Electrical Fault Claims Lives of Two Cattle at Karachi Expo Center

    Livestock Expo 2025: Electrical Fault Claims Lives of Two Cattle at Karachi Expo Center

    Tragic Incident in Korangi Robbers Kill 17-Year-Old After He Raises Alarm During Fleeing

    Tragic Incident in Korangi Robbers Kill 17-Year-Old After He Raises Alarm During Fleeing

    Karachi’s Traffic Crisis, 23 Lives Lost in Accidents Within the First 10 Days of the New Year

    Karachi’s Traffic Crisis, 23 Lives Lost in Accidents Within the First 10 Days of the New Year

    Stray Dog Overpopulation in Karachi Poses Growing Threat to Public Safety

    Stray Dog Overpopulation in Karachi Poses Growing Threat to Public Safety