AIRLINK 74.50 Decreased By ▼ -2.48 (-3.22%)
BOP 4.73 Decreased By ▼ -0.14 (-2.87%)
CNERGY 4.14 Decreased By ▼ -0.08 (-1.9%)
DFML 39.35 Decreased By ▼ -2.44 (-5.84%)
DGKC 84.90 Increased By ▲ 0.17 (0.2%)
FCCL 21.90 Decreased By ▼ -0.49 (-2.19%)
FFBL 30.21 Decreased By ▼ -1.24 (-3.94%)
FFL 9.25 Decreased By ▼ -0.10 (-1.07%)
GGL 10.40 Increased By ▲ 0.24 (2.36%)
HASCOL 6.33 Decreased By ▼ -0.08 (-1.25%)
HBL 108.25 Decreased By ▼ -0.35 (-0.32%)
HUBC 140.25 Decreased By ▼ -0.24 (-0.17%)
HUMNL 10.30 Decreased By ▼ -0.22 (-2.09%)
KEL 4.80 Decreased By ▼ -0.05 (-1.03%)
KOSM 4.42 Increased By ▲ 0.19 (4.49%)
MLCF 37.50 Decreased By ▼ -0.19 (-0.5%)
OGDC 124.64 Decreased By ▼ -2.00 (-1.58%)
PAEL 24.44 Decreased By ▼ -0.59 (-2.36%)
PIBTL 6.20 Decreased By ▼ -0.06 (-0.96%)
PPL 116.40 Increased By ▲ 0.11 (0.09%)
PRL 24.60 Decreased By ▼ -1.14 (-4.43%)
PTC 13.13 Decreased By ▼ -0.47 (-3.46%)
SEARL 55.99 Decreased By ▼ -0.60 (-1.06%)
SNGP 62.98 Decreased By ▼ -0.22 (-0.35%)
SSGC 9.87 Decreased By ▼ -0.11 (-1.1%)
TELE 7.99 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.93 Decreased By ▼ -0.21 (-2.07%)
TRG 64.50 Decreased By ▼ -1.52 (-2.3%)
UNITY 26.66 Decreased By ▼ -0.17 (-0.63%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
BR100 7,718 Decreased By -55.6 (-0.72%)
BR30 24,778 Decreased By -185.7 (-0.74%)
KSE100 73,863 Decreased By -356.5 (-0.48%)
KSE30 23,691 Decreased By -88.1 (-0.37%)

The Independent Power Producers (IPPs) circles have welcomed reports regarding Prime Minister Imran Khan's assurance of no review of power purchase agreements (PPAs) with Independent Power Producers (IPPs) because of the sovereign guarantees extended by the government.
It may be noted that media reports have suggested that the Prime Minister has said that reviewing the PPAs with IPPs is not possible as the government has extended sovereign guarantees and if the government goes against it and starts reviewing the PPAs, then it will have to face the legal repercussions at international level as the IPPs can move the government to arbitration.
It may be noted that some circles were critical to the inefficiencies of power sector owing to which the circular debt has increased manifold by Rs 1.4 trillion. These critics are pressing the government to review PPAs with IPPs.

Copyright Business Recorder, 2019

Comments

Comments are closed.