Revised PPAs inked with about one dozen IPPs Government’s energy task force engaged in ‘hard talks’ with IPPs of 1994 and 2002, who are still resisting on the proposed cut in their profits, financial gains of the past and interest on late payment Updated 30 Nov, 2024 04:34pm
Opinion Cost of misguided energy policies “Elimination of captive power from the gas sector” has been committed to the IMF as a structural benchmark to be... Updated 28 Oct, 2024 08:48am
Print Power sector: Govt commits to IMF about drastic reforms ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase... Updated 12 Oct, 2024 09:59pm
Print ‘Innovative’ plan set to reduce circular debt ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt... Updated 31 Jan, 2024 09:32am
Print GPPs settlement: ECC may approve Rs262.075bn TSG ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve Rs262.075 billion technical... Updated 20 Dec, 2023 09:50am
Print Avoiding financial implications: Power Div asked to revise FGOs of GPPs ISLAMABAD: Directorate General of Gas (Petroleum Division) has urged Power Division to revise Firm Gas Orders (FGOs)... Updated 26 Sep, 2023 09:23am
Print Settlement of dues of IPPs/GPPs: FD seeks expenditure details of Rs601bn extended to PD ISLAMABAD: The Finance Division has sought expenditure details of Rs 601 billion extended to the Power Division to... Updated 01 Aug, 2023 09:13am
Print Tied to managing circular debt: Impact of power tariff rebasing not assessed as yet: govt ISLAMABAD: Minister for Power Khurram Dastgir Khan on Wednesday said exact impact of rebasing of electricity tariff... Updated 13 Jul, 2023 09:24am
Print Rs76.726bn approved to keep CDMP commitment with IMF ISLAMABAD: The government has approved an amount of Rs 76.726 billion to maintain commitment of Circular Debt... Updated 22 Jun, 2023 08:55am
Print IPPs payment mode: MoF willing to pay GPPs Rs93.4bn ISLAMABAD: Finance Ministry has shown a willingness to pay Rs 93.438 billion to Government-owned Power Plants (GPPs)... Updated 17 Nov, 2022 09:22am