IPPs
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Senate panel calls for conducting IPPs’ audit
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[ad_1] A file image of Senate. — Senate website The Senate Standing Committee on Cabinet Secretariat has requested a forensic audit of independent power producers (IPPs) in response to public concerns about inflated billing. Pakistanis have been receiving high electricity bills…
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Govt to ask Chinese IPPs to use cheaper Thar coal
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[ad_1] Federal Minister for Energy (Power Division) Awais Leghari gestures during a press conference in this undated photo. — X/GovtofPakistan ISLAMABAD: The federal government aims to push Chinese independent power producers (IPPs) to adopt cost-efficient Pakistani coal instead of importing…
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Energy czar, ex-minister trade barbs over IPPs contracts
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[ad_1] Federal Minister for Energy, Awais Leghari (left) and former federal interior and commerce minister Gohar Ejaz. —Radio Pakistan/AFP/File Federal Minister for Energy Awais Leghari has asserted that the government was not in a position to act unilaterally against independent…
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Industrialists demand forensic audit of IPPs | The Express Tribune
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[ad_1] KARACHI: Local traders and industrialists have lodged a strong protest against the supply of expensive electricity and demanded a forensic audit of independent power producers (IPPs) as well as revision of their contracts. At a press conference at the…
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Chinese IPPs face default risk | The Express Tribune
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[ad_1] ISLAMABAD: Power projects of the China-Pakistan Economic Corridor (CPEC) face further risk of default on the upcoming debt repayments, as their outstanding dues have jumped above Rs340 billion amid Pakistan’s back-pedaling on fulfilling its contractual obligations. Owing to the…
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CCOE considers discounting tariffs of IPPs | The Express Tribune
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[ad_1] ISLAMABAD: The Independent Power Producers (IPPs), that have installed energy plants under the China-Pakistan Economic Corridor (CPEC), have opposed the terms of revised agreements to reduce the rate of return. The stalemate between the government and wind IPPs continues…
