MPs lift freeze on new power purchase deals to avert crisis

A new Bill reinstates the role of Parliament in the adjudication of divestitures from government enterprises.

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Lawmakers have lifted the seven-year freeze on new power purchase agreements (PPAs) paving the way for new plants that are expected to avert a looming electricity generation crisis.

MPs voted by acclamation last evening to adopt the proposal by the parliamentary Committee on Energy for lifting of the moratorium that has been in force since 2018.

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