PD seeks Rs93.43bn to settle GPPs’ payables ISLAMABAD: Power Division has sought Rs 93.438 billion from Finance Ministry to settle payables to the... Updated 28 Sep, 2022 10:06am
Pakistan Chinese ambassador calls on Dastgir ISLAMABAD: Chinese Ambassador to Pakistan Nong Rong called on Federal Minister for Power Engr Khurram Dastgir Khan... Published 24 Sep, 2022 03:49am
Opinion Competitive power market – I Nepra (National Electric Power Regulatory Authority) has introduced a Competitive Electricity Market framework, ... Updated 21 Sep, 2022 06:19am
Print Allowing IPPs to buy fuel from ‘any OMC’ irks PSO ISLAMABAD: Pakistan State Oil (PSO), the state-owned fuel supplier, is annoyed with Central Power Purchasing Agency-... Updated 17 Sep, 2022 09:59am
Print Opening of L/Cs: PPIB urges SBP to facilitate IPPs ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged the State Bank of Pakistan (SBP) to facilitate... Updated 31 Aug, 2022 09:51am
Business & Finance Hubco asks CPPA-G to resolve payment ‘disparity’ issue ISLAMABAD: The bitterness between M/s Hubco Power Company (Hubco) and Central Power Purchasing Agency- Guaranteed... Updated 27 Aug, 2022 09:52am
Print ‘Fairness’ of payments: CPPA-G, Hubco lock horns ISLAMABAD: Central Power Purchasing Agency- Guaranteed (CPPA-G) and M/s Hub Power Company (Hubco) have reportedly... Updated 26 Aug, 2022 09:44am
Print Import of spare parts, machinery: IPPs demand withdrawal of curbs ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ... Updated 26 Aug, 2022 09:45am
Print Import of ‘control system’: Rousch seeks govt help in securing SBP permission ISLAMABAD: M/s Rousch (Pakistan) Power Limited has sought the federal government’s help in obtaining approvals ... Updated 25 Aug, 2022 10:22am
Opinion Bailouts and national security Pakistan eagerly await for the IMF to release $1.17 billion that the nation needs to prevent the economy from... Published 21 Aug, 2022 05:16am
Print Power Division accuses IPPs of ‘over invoicing’ ISLAMABAD: Power Division on Friday accused Independent Power Producers (IPPs) of involvement in substantial over... Updated 20 Aug, 2022 09:49am
Print Over Rs129bn PHL loans: MoF asks PD to engage lenders for rescheduling ISLAMABAD: The Finance Ministry has advised the Power Division to engage lenders for rescheduling of Rs129.310... Updated 03 Aug, 2022 10:03am
Print IPPs shareholders: PPIB urges PD to help reinstate tax on dividends Requests 7.5% levy as full and final liability for investors Updated 13 Jul, 2022 09:20am
Print Use of water for farming: Cost of hydel projects should be borne by provinces: Nepra ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday asserted that the cost of hydel... Updated 07 Jul, 2022 09:31am
Print Two wind IPPs: Three countries seek debt restructuring ISLAMABAD: The envoys of Denmark, Canada and the Netherlands have jointly approached Minister for Power, Khurram... Updated 04 Jul, 2022 09:33am
Print IPPs appoint Ramday as arbitrator ISLAMABAD: Independent Power Producers (IPPs) of 2002 have appointed former Justice Khalil-ur-Rehman Ramday as... Updated 01 Jul, 2022 09:41am
Print Rs15.2bn payment: IPPs serve notice to govt ISLAMABAD: Three Independent Power Producers (IPPs) have served notice to Government of Pakistan (GoP) for default... Updated 29 Jun, 2022 09:45am
Print PD on track over energy sector structural reforms with IMF ISLAMABAD: Power Division is said to be on track over energy sector structural reforms agreed with International... Updated 23 Jun, 2022 10:03am
Print ECC approves Rs149bn payments to IPPs, KE Power Division informs finance minister that as per agreement, IPPs’ second and final installment was required to be paid in the first week of the next month Updated 23 Jun, 2022 10:08am
Business & Finance Finance bill 2022: Fundamental policy for IPPs changed, points out tax expert ISLAMABAD: The Federal Board of Revenue (FBR) has placed a time limitation on the income tax exemption of the power... Published 22 Jun, 2022 05:58am
Business & Finance Two IPPs oppose amendments to ITO 2001 ISLAMAABD : M/s Orient Power Company Limited and M/s Saif Power have opposed some amendments to the Income Tax... Published 21 Jun, 2022 05:51am
Print Finance Bill 2022: Exemption to IPPs limited ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad Saturday informed the Senate Standing Committee on... Updated 19 Jun, 2022 09:00am
Print Issuance of PIBs, Sukuks: MoF asks PD to coordinate with its Debt Wing ISLAMABAD: The Finance Ministry has asked the Power Division to coordinate with its Debt Wing for issuance of PIBs... Updated 17 Jun, 2022 10:01am
Pakistan PAC seeks details of power purchase deals with IPPs by ex-govts ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday sought power purchase agreements with Independent Power... Published 09 Jun, 2022 06:18am
Print Using RMB/PKR in bilateral trade: PM directs SBP to hold meetings with Chinese banks Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs Updated 06 Jun, 2022 09:42am
Print Hubco seeks exemption from application of IFRS-9 on behalf of all IPPs ISLAMABAD: The Hub Power Company (Hubco) has sought permanent exemption from applicability of the International... Updated 19 May, 2022 09:47am
Print Kohala power plant: Chinese firm reluctant to accord approval ISLAMABAD: China Export & Credit Insurance, Sinosure, is reportedly reluctant to accord approval to 1124-MW... Updated 16 May, 2022 09:40am
Print Federal, provincial govts: At source deduction of Rs 111 billion power dues under study ISLAMABAD: The federal government is weighing the option to deduct at source outstanding electricity amount of Rs... Updated 22 Apr, 2022 10:32am
Print NPCC alerts govt: Fuel paucity may severely hit power plant operations ISLAMABAD: While ringing bells on shortage of fuel stocks, National Power Control Centre (NPCC) has cautioned the... Updated 06 Apr, 2022 10:06am
Print Lack of loan insurance cover: Gwadar power project hits a snag ISLAMABAD: The government has reportedly failed to convince Chinese government to restart suspended work on 300MW... Updated 16 Mar, 2022 12:41pm