Turkish RPP is Pak’s most expensive power generation pact

LAHORE - 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)