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ISLAMABAD: The International Monetary Fund has asked the government to increase the gas tariff for captive power plants on par with the price of Re-gasified Liquefied Natural Gas from July 1,...
Govt functionaries seek time from IMF up to Dec 2024. IMF asserts that task should be completed by Jun 2024. Govt doesn't want to increase tariff for domestic consumers.ISLAMABAD: The...
ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has made payments of Rs 205 billion to different...
Thar-based power firm writes to CPPA-G that it needs to repay its debts at end of May
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 revised contracts a success story. To this effect, the top man of the PTI government would play a role...