Renewable energy (RE) sources like wind, solar, hydro, and nuclear power are all very important resources for the Philippines. But why stop at reducing carbon
Top Story
April 28, 2021
ISLAMABAD: The Economic Coordination Committee (ECC) that meets today (Wednesday) is most likely to approve a summary of the Power Division seeking approval of Rs89.86 billion for the payment of 40 percent dues as the first installment to 20 IPPs.
The remaining 60 percent payment will be paid in six months. And the implementation of their amended contracts will be effective after the payment. So far, the government has signed MoUs with 47 IPPs out of which it has signed amended contracts with 32 IPPs. After 40 percent payment of their dues amounting to Rs403 billion to all the 47 IPPs, their amended contracts will be effective yielding dividends of Rs836 billion in the next 20 years as discounted tariffs.
Top Story
April 28, 2021
ISLAMABAD: The Economic Coordination Committee (ECC) that meets today (Wednesday) is most likely to approve a summary of the Power Division seeking approval of Rs89.86 billion for the payment of 40 percent dues as the first installment to 20 IPPs.
The remaining 60 percent payment will be paid in six months. And the implementation of their amended contracts will be effective after the payment. So far, the government has signed MoUs with 47 IPPs out of which it has signed amended contracts with 32 IPPs. After 40 percent payment of their dues amounting to Rs403 billion to all the 47 IPPs, their amended contracts will be effective yielding dividends of Rs836 billion in the next 20 years as discounted tariffs.
WA's "go slow" and "go fast" energy transition plans need proper modelling reneweconomy.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reneweconomy.com.au Daily Mail and Mail on Sunday newspapers.