Who are owners of IPPs? What is Capacity Payment? IPPs receiving Billions with Zero Production

#SolarPower #ManglaDam #IPPs #PakistanEnergyCrisis #CapacityPayments #Corruption #EnergySector #CircularDebt #ElectricityBills #GovernmentCorruption #EliteCapture #renewableenergy #PakistanPolitics #PowerProduction #audit
In this video, I uncover the shocking reality of Pakistan's electricity sector. Solar power production has now surpassed the output of the Mangla Dam, but the real story lies in the corrupt contracts with Independent Power Producers (IPPs). These IPPs are receiving billions of rupees for "capacity payments," often with zero production, causing ordinary Pakistanis to pay 80% of their electricity bills for capacity charges. I delve into the history and conditions under which these exploitative contracts were signed, expose the owners of IPPs, and highlight the governments involved in this ongoing scandal. Despite having an installed capacity of 47,000 MW against a consumption of 22,000 MW, Pakistanis are burdened with circular debt due to misguided policies and elite capture. Join me as I shed light on this critical issue and the urgent need for an audit and reform. I have mentioned the history and conditions on which the cruel contacts were signed. I have exposed the owners of IPPs, and the governments who were involved in this matter.
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