To hold formal negotiations with Independent Power Producers (IPPs), the government has constituted a six-member technical committee led by Prime Minister’s Special Assistant on Coordination of Marketing and Development of Mineral Resources, Shahzad Syed Qasim. As no acknowledged report has been finalised by a nine-member committee headed by former Chairman SECP Muhammad Ali due to assortment of reasons, the committee has been formed after first four sessions with the representatives of about 40 IPPs. The representatives of IPPs has strongly agitated on the leak of report which was “one-sided version” and IPPs were not invited to share their viewpoint on the presumptions. The Cabinet Committee on Energy (CCoE) has been constituted under the chairmanship of Minister for Energy, with Special Assistant to the Prime Minister on Coordination of Marketing and Development of Mineral Resources, Secretary Finance Division, Secretary Power Division and Secretary Law & Justice Division. In order to carry out the negotiations in an efficient manner, the committee further constituted a technical committee under the Lead of Special Assistant to the Prime Minister on Coordination of Marketing and Development of Mineral Resources comprising of Additional Secretary Power Division, Senior Consultant Research Law Division, Senior Joint Secretary Finance, MD PPIB, MD NTDC, CEO CPPA-G. The Technical Committee will solicit necessary information/data from the IPPs and will discuss various options for tariff reduction with the IPPs and present proposals to the Committee for consideration. The Terms of Reference of the technical committee are to work with IPPs and if required with their lenders to examine elements of the tariff. The committee will duly consider and provide recommendations on other issues of the IPPs.
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