Tag: Ipps
SC summons power minister over excessive payments to IPPs
ISLAMABAD: The Supreme Court (SC) on Wednesday summoned Federal Minister for Power Omar Ayub Khan to explain his position over excessive payments made to...
PM stops ministry from taking legal action against four IPPs
IPPs fail to switch power generation from furnace oil to coal
The prime minister has stopped the Ministry of Water and Power from taking legal...
Record power generation on June 18
The country’s power generation set a new record of 17,272 MW on Saturday, with more than 98 per cent of urban areas and 90...
NEPRA allows IPPs to sell to bulk power consumers
In a major development, National Electric Power Regulatory Authority (NEPRA) has notified Wheeling of Electric Power Regulation 2016, thus allowing a generation company to...
LHC seeks govt, SBP’s reply on direct payment to IPPs
The Lahore High Court (LHC) on Thursday sought replies from the federal government, State Bank of Pakistan and others in a petition filed against...
IHC tells Finance Ministry to stay clear from AGP
Rana’s petition asserts that finance minister wants to replace Rana with a favourite officer over an audit involving billions of rupees paid to IPPs...
Govt assures IPPs of Rs 250b payments
Federal Minister for Finance and Revenue Ishaq Dar has assured independent power producers of payment of Rs 250 billion before the end of this...
SC issues notices to AG, power secy over dues to IPPs
The Supreme Court Friday issued notices to the Attorney General of Pakistan (AGP) and the Secretary Water and Power to present their stance over...
WAPDA paid Rs 82.53 billion in fines to IPPs over delay...
Public Accounts Committee (PAC) expressed shock on Wednesday when it was told that WAPDA paid a massive fine of Rs 82.53 billion to IPPs...
SC summons AG in IPPs’ dues recovery case today
The Supreme Court has summoned the attorney general in the IPPs dues recovery case today (Wednesday). A four-member SC bench, headed by Justice Tassaduq...
Triple Whammy!
The GOP has defaulted on the sovereign guarantee provided to the IPPs. The sovereign guarantee, which formed the basis of the financing and investment...
Govt defaults on sovereign guarantee to IPPs
For the first time in the country’s history, the government on Tuesday committed a sovereign default by failing to clear Rs 238 billion due...
IPPs give 72-hour ultimatum
The advisory council of independent power producers (IPPs) has issued an ultimatum of 72 hours to the government for the non-payment of Rs 34...
Petroleum Ministry decides to suspend gas supply to IPPs
The Ministry of Petroleum and Natural Resources has decided to suspend gas supply to independent power producers (IPPs) in the country following non-disbursement of...
It’s the final countdown
While the power shortages in the country have intensified after the shortfall climbed to over 6000 megawatts, the representatives of at least eight Independent...
Delay of payment to IPPs causes excessive load shedding
Delay of payments to oil suppliers and independent power producers (IPPs) by the government has caused long hours of load shedding while power production...
NEPRA increases tariffs of 6 IPPs
The National Electric Power Regulatory Authority (NEPRA) on Saturday increased the power tariff of six IPPs in view of increase in the prices of...
