Policy changes in power pit centre against provinces

The government decision to introduce competition in the country’s alternative energy market must help bring down power prices, but it can hurt new investment in renewables in the short to medium-term.

The move can also force a shutdown of numerous ‘initiated’ but smaller hydro, solar and wind schemes where implementation agreement (IA) or energy purchase agreement (EPA) are yet to be signed between the government and the investors.

Published in Dawn, 22nd January, 2018