No Negotiations, Only Forensic Auditing of IPPs: EFP
Karachi, June 15, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has said that the root cause of the burgeoning circular debt is the sovereign guarantees of Rate of Return (ROR) to IPPs (Independent Power Plants) in terms of US$ and not Rupees. With a weakening Rupee…