The federal government has decided to dismantle expensive power plants to reduce the cost of electricity.
According to the Power Division statement, the delegation of MQM met Federal Minister for Power Sardar Owais Ahmed Khan Laghari in which a detailed discussion was held on the electricity problems of Karachi.
The reason for capacity payment is falling rupee value, rising interest rate and lack of economic growth, Owais Leghari.
The members of the delegation were briefed on the ongoing reforms in the power sector and were told that the federal government is working on an emergency basis to solve the power problems.
Expensive power plants will be retired, imported coal plants will be shifted to local coal to bring down electricity prices.
