Contracts with IPPs: FPCCI’s to move SC

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ISLAMABAD (Online): Former Caretaker Commerce Minister Dr Gohar Ijaz has said that FPCCI has decided to approach the Supreme Court against the contracts of IPPs.

In his tweet on Twitter X, he has said that the Chambers of Commerce has decided to go to the Supreme Court against the IPPs. CI will formally petition the Hon’ble Supreme Court to intervene in this intolerable situation which affects the right to life of every Pakistani.

Gohar Ejaz said that under the IPP agreements, Pakistan pays billions of rupees to companies that do not generate electricity. Expensive electricity has become unaffordable for all Pakistanis.

He said that in 2020, former Interim Energy Minister Muhammad Ali had written a detailed report in which it was stated that hundreds of billions are being lost due to government incompetence and IPP misrepresentations. Not fully implemented, why? Why didn’t the government order the forensic audit called for in the report?

He said that the government has to decide whether the survival of 240 million Pakistanis is more important or the guaranteed profit for 40 families. Our country is rich in all resources, he added.

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