Federal Minister for Energy Omer Ayub Khan on Friday said present government was clearing liabilities of the previous regimes in the power sector that had been incurring huge losses to national exchequer.
Taking part in the debate in the National Assembly regarding inflation, he said that the previous government had somehow planted “landmines” in the foundation of economy.
He said that the annual capacity payment to the Independent Power Producers (IPPs) was Rs185 billion in 2013, Rs468 billion in 2018 and Rs860 billion in 2020, and it would surpass Rs1,455 billion in 2023. He raised question that why people were put on stake.