• Power minister stresses need for bold decisions to address inefficiencies • Says govt has right to terminate projects that haven’t reached financial close • Competitive electricity market to be operationalised in March ISLAMABAD: Claiming over Rs1.1 trillion in savings in revised contracts with existing independent power producers (IPPs), the government on Thursday announced a series of major decisions for reducing electricity rates, including the … Continue reading Govt scraps 10,000MW projects to curb costs