BR100 Increased By (0.39%)
BR30 Increased By (0.47%)
KSE100 Increased By (0.6%)
KSE30 Increased By (0.7%)
AGHA 6.55 Increased By ▲ 0.23 (3.64%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.43 Decreased By ▼ -0.02 (-0.03%)
BOP 31.38 Increased By ▲ 0.15 (0.48%)
CNERGY 11.79 Increased By ▲ 0.20 (1.73%)
CSIL 5.95 Increased By ▲ 0.23 (4.02%)
FCCL 61.12 Decreased By ▼ -0.42 (-0.68%)
FFL 14.88 Decreased By ▼ -0.14 (-0.93%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.29 Increased By ▲ 0.03 (0.48%)
KOSM 6.00 Increased By ▲ 0.44 (7.91%)
LOTCHEM 24.85 Increased By ▲ 0.17 (0.69%)
MLCF 104.13 Increased By ▲ 0.05 (0.05%)
NBP 174.66 Decreased By ▼ -0.62 (-0.35%)
NCPL 52.83 Increased By ▲ 0.06 (0.11%)
NPL 54.48 Increased By ▲ 0.36 (0.67%)
OGDC 315.35 Increased By ▲ 1.96 (0.63%)
PACE 9.41 Increased By ▲ 0.21 (2.28%)
PAEL 35.62 Decreased By ▼ -0.18 (-0.5%)
PIBTL 13.71 Increased By ▲ 0.24 (1.78%)
PPL 223.38 Increased By ▲ 1.57 (0.71%)
PRL 80.79 Increased By ▲ 1.71 (2.16%)
PTC 47.15 Increased By ▲ 0.30 (0.64%)
SSGC 24.15 Increased By ▲ 0.28 (1.17%)
TBL 9.25 Decreased By ▼ -0.06 (-0.64%)
TELE 7.53 Increased By ▲ 0.14 (1.89%)
TPL 24.89 Decreased By ▼ -0.22 (-0.88%)
TPLP 12.88 Increased By ▲ 0.37 (2.96%)
TREET 26.10 Decreased By ▼ -0.15 (-0.57%)
TRG 53.75 Increased By ▲ 0.31 (0.58%)

ISLAMABAD: The management of a 1,320 megawatt Chinese-imported coal-fired power plant is reportedly making a last-ditch effort to secure another extension for coal procurement without competitive bidding as an interim arrangement for a few months, well-informed sources told Business Recorder.

Sources said a team representing the power company held a special meeting with one of the key senior office-holders of the National Electric Power Regulatory Authority (NEPRA) on November 9, 2026, seeking support for the proposed extension.

The power company is reportedly understood to have already ordered around a dozen coal cargoes without following a competitive bidding process.

READ ALSO: Costly coal-fired power agreements: Pakistan risks remaining trapped

The alleged irregularities in coal procurement by the power company also came under discussion during a public hearing conducted by NEPRA on Fuel Charges Adjustment (FCA) for September 2026.

During the hearing, Rehan Javed, representing the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), requested the NEPRA Authority to ensure that any coal procurement without a transparent bidding process should not be allowed, arguing that such purchases directly affect electricity tariffs paid by consumers.

However, in its determination, the NEPRA attributed the issue to Aamir Sheikh of Lahore.

“Regarding the query of irregularities in coal purchases by coal-based power plants by Amir Sheikh, the CPPA-G responded that coal-based power plants submit their coal purchase data to the NEPRA for indexation of Fuel Cost Component for the relevant month. The submitted data is then subject to verification and scrutiny by the NEPRA under the relevant regulatory framework,” the NEPRA stated in its determination.

Sources further revealed that a delegation of the power company had previously met another senior NEPRA office-holder to seek an extension for coal procurement without competitive bidding.

Meanwhile, certain government investigation agencies are also reportedly collecting information on the matter to prepare a report for submission to the Prime Minister.

The regulator, sources said, is likely to communicate its decision to the company within the next few days.

Comments

200 characters remaining