Orient Power News Today

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has made payments of Rs 205 billion to different...

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has sought the Petroleum Division’s support for recovery of...

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) said that it is facing grievous liquidity due to outstanding...

Officials to get NAB’s nod to clear 40pc dues of 12 IPPs National May 20, 2021 ISLAMABAD: After the federal cabinet here on Tuesday accorded approval to the amount of Rs89.86 billion to be doled out to 35 IPPs out of 47 as the first installment, the top officials of the government have started working to offload 40 percent dues of the leftover 12 IPPs set up under the 2002 power policy which are facing NAB investigation for making alleged excess profits. Once it is done, it will make the re...

Officials to get NAB’s nod to clear 40pc dues of 12 IPPs National May 19, 2021 ISLAMABAD: After the federal cabinet here on Tuesday accorded approval to the amount of Rs89.86 billion to be doled out to 35 IPPs out of 47 as the first installment, the top officials of the government have started working to offload 40 percent dues of the leftover 12 IPPs set up under the 2002 power policy which are facing NAB investigation for making alleged excess profits. Once it is done, it will make the re...

NEPRA to review agreements between govt and IPPs   Published On NEPRA to review agreements between govt and IPPs ISLAMABAD (Dunya News) – National Electric Power Regulatory Authority (NEPRA) has decided to review the agreements reached between the government and Independent power producers (IPPs). The authority will hold a hearing on March 3. NEPRA will hear the Central Power Purchasing Agency (CPPA)’s petition regarding tariff adjustment with IPPs. During the hearing, the agreements betw...

Top Story January 23, 2021 ISLAMABAD: As many as 19 Independent Power Producers IPPs -- out of 47 -- have agreed to the legally binding contracts with the government after six more IPPs initialed the Amended Power Purchase Agreements on Thursday. However, 13 IPPs led by Mansha Group is seeking resolution of excess profits of Rs55 billion through experts’ panel. Three leading IPPs: Orient Power, Sapphire and Halmore installed under the 2002 power policy led by SAPM on Petroleum Nadeem Babar, ...

Top Story January 22, 2021 ISLAMABAD: As many as 19 Independent Power Producers IPPs -- out of 47 -- have agreed to the legally binding contracts with the government after six more IPPs initialed the Amended Power Purchase Agreements on Thursday. However, 13 IPPs led by Mansha Group is seeking resolution of excess profits of Rs55 billion through experts’ panel. Three leading IPPs: Orient Power, Sapphire and Halmore installed under the 2002 power policy led by SAPM on Petroleum Nadeem Babar, ...

Khalid Mustafa ISLAMABAD: As many as 19 Independent Power Producers IPPs -- out of 47 -- have agreed to the legally binding contracts with the government after six more IPPs initialed the Amended Power Purchase Agreements on Thursday. However, 13 IPPs led by Mansha Group is seeking resolution of excess profits of Rs55 billion through experts’ panel. Three leading IPPs: Orient Power, Sapphire and Halmore installed under the 2002 power policy led by SAPM on Petroleum Nadeem Babar, who has major...

National January 16, 2021 ISLAMABAD: With more powers to Special Assistant to PM on Power, Tabish Gauhar, the negotiations with the IPPs with regard to converting MoUs into the amended Power Purchase Agreements (PPAs) seemed to have moved towards conclusion. “The IPPs and government negotiating team are set to initialise the amended PPAs, sometime in next week, however, the proper signing would be held when the BoDs of IPPs ratify them and the Federal Cabinet would also approve the initials ...