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Tag: IPPs

Electricity price
Pakistan
  • Web Desk
  • Oct 10, 2024
Electricity price to be reduced to Rs10 per unit: minister

Laghari says government will save Rs411 billion annually after the termination of contracts with five IPPs

cabinet IPPS
Pakistan
  • Web Desk
  • Oct 10, 2024
Cabinet approves termination of contract with five IPPs

The federal cabinet has approved the decision to terminate contracts with five independent power producers (IPP).

IPPs
Pakistan
  • Web Desk
  • Oct 08, 2024
Good news for consumers: Four IPPs agree to early termination of contract

Four IPPs have agreed early termination of their contracts after which consumers can expect a tariff reduction of up to Rs 7 per unit

IPPs
Pakistan
  • Web Desk
  • Sep 22, 2024
How IPPs drain Pakistan’s economy in breach of contract?

Despite Pakistan’s coal reserves, IPPs remained dependent on imported fuels such as high-speed diesel and coal for power generation

financial results
Business
  • Web Desk
  • Aug 27, 2024
HUBCO posts Rs 75 billion profit amid IPP debate and high electricity prices

HUBCO’s statement to PSX also said that the company has paid Rs 14.7 billion in taxes during the outgoing fiscal year.

circular debt
Latest
  • Web Desk
  • Dec 28, 2023
ECC approves Rs388 billion for power sector to curtail circular debt

The ECC directed the Finance Division to release the amount to settle the dues of K-Electric and government-owned power plants

ECC
Latest
  • Web Desk
  • Dec 28, 2023
ECC approves Rs21bn to settle payment dispute with Port Qasim Electric Power Company

power plants
Pakistan
  • Web Desk
  • Dec 19, 2023
Finance, Energy Division lock horns over payment of Rs262 billion to power plants

The Ministry of Energy has forwarded a summary to the ECC, seeking the settlement of payables to GPPs at par with IPPs

Sirajul Haq
Latest
  • Web Desk
  • Sep 03, 2023
Sirajul Haq announces to move SC against IPP agreements

JI chief says the burden on the common citizens was steadily increasing and Pakistan had been pushed into darkness through artificial agreements and conspiracies

contract
Pakistan
  • Web Desk
  • Jul 05, 2023
Govt disburses Rs142b to clear IPPs dues

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