Bagasse-based IPPs agree with Govt to cut power tariffs.

ISLAMABAD -- After solar-based independent power producers (IPPs), bagasse-based IPPs have also agreed to sign amended power purchase agreements with the government, sources said on Sunday. The signing of the amended purchase agreements will slash the existing tariffs to a considerable extent. The bagasse-based IPPs have agreed to sign the amended power purchase agreements with a government team of officials negotiating with the IPPs over tariffs, sources said. Eight bagasse-based IPPs...