Where does electricity come from? In developing countries, the power sector uses

long-term, rigid contracts called power purchase agreements (PPAs) between a

private generator and government-owned utilities. These PPAs are not usually

competitive, their terms – including payment guarantees by which suppliers get paid

even when there is no demand – are often secret, they can last for up to 30 years,

and they guarantee the use of fossil fuels far into the future. Sugandha Srivastav

tells Tim Phillips about how the privatisation of electricity generation has created a

way to move money “from the public coffers to vested interests”.

Read the full show notes on VoxDev: https://voxdev.org/topic/energy-environment/why-pakistan-locked-overpriced-and-environmentally-damaging-power-sector