A significant development has been made under the facilitation of Special Investment Facilitation Council as preparations are afoot to stop Capacity Payment to IPPs by dissolving the mechanism of 'Take and Pay'.

The agreement between IPPs and the government's Energy Task Force is a significant milestone, which can result in saving of 300 billion rupees of the national exchequer.

Furthermore, there are also possibility of 3.50 rupees to 6.50 rupees decrease in the electricity tariff as a result of government reforms because the government has pledged to pay outstanding dues within ninety days as prescribed in the agreements.

The government has also expressed resolve to promote private partnership for development of energy sector.

The achievements bagged as a result of the energy agreements under the auspices of Special Investment Facilitation Council reflect the successes of the government policies.