The problem is not the market side of it. What I am suggesting is actually standard practice prettt much everywhere in the world where they have markets and produce electricity.
In Pakistan, the problem is that we have signed these horrible IPP agreements and they are based on expectation of there being a demand for that much electricity plus more. If we don’t utilize that much electricity, we will need to pay the full bill anyways.
Instead of discussing giving out electricity for free, let’s discuss the serious thing which is why can’t we default on these IPP agreements? Now is as good a time to kill all these stupid deals once and for all, and frankly, most of them were probably negotiated from the usual corrupt suspects to benefit their usual corrupt suspect friends.
Yes this also means reneging on CPEC deals but frankly who guarantees 16% profit in a currency you do not have.