Tag: Ipps

A hike again?

The long and short of it The prime minister has decided to take a leaf out of the Raja Ashraf manual: giving a deadline which...

Two crises

Gas and power When it rains, it pours. The readers should brace themselves for two varieties of load shedding. First, gas and now, electric power....

RPPs’ value

Electricity crisis in Pakistan is a severe challenge for the whole population. Not only regular consumers but industries have been affected resulting in heavy...

SC questions wisdom in choosing RPPs over IPPs

The Supreme Court on Tuesday questioned why the government had failed to optimally utilise 27 Independent Power Producers (IPPs) available in the country with...

Solution to the power crisis

The electricity crisis in Pakistan is a severe challenge. It has severely affected the economy and overall standards of living. Extended duration of loadshedding...

Non-payment of dues to IPPs resulting in increased outages

The people are enduring 10 to 14 hours of load shedding every day now owing to some 40 percent of power plants not producing...

Deal made with IPPs on payment of dues of Rs45b

The government and Independent Power Producers (IPPs) reached an agreement on Thursday on the payment schedule for their outstanding dues to the tune of...

Govt forcing default on 9 IPPs who served notices

The government is twisting the arms of nine independent power producers (IPPs) to force them into a default, for invoking sovereign guarantees against non-payment...

No attempt by govt to resolve issues with IPPs

The government has failed to contact the nine Independent Power Producers (IPPs) which were given it 30 days notice for clearing its outstanding dues...

PM orders Rs 25b for PSO, IPPs to cut down...

Prime Minister Yousaf Raza Gilani on Friday directed the ministries of Finance as well as Water and Power to pay Rs 25 billion to...

Govt seeks 72 hours to address IPPs woes

After giving a considerate hearing to the Independent Power Producers Advisory Council (IPPAC) on Thursday, the ministerial committee on energy decided to form two...

IPPs give ultimatum for immediate payment of Rs150b

Giving ultimatum to the government, the conglomerate of power sector investors, Independent Power Producers Advisory Council (IPPAC) on Monday demanded immediate payment of their...

2 IPPs stop power supply to KESC

The two Independent Power Producers (IPPs) in the city have switched off their power supply to Karachi Electric Supply Company (KESC) as KESC, which...

IPPs propose debt swap with PEPCO

Independent Power Producers (IPPs) have sent a proposal to the government asking it to transfer its debt to PEPCO’s balance sheet as the latter...

ECC to decide on gas supply for 4 IPPs

The Economic Coordination Committee on the Cabinet (ECC) would attempt to resolve the riddle of whether natural gas should be allocated to power or...

IPPs withdraw guarantee notices

Four Independent Power Producers (IPPs), Nishat Chunian, Nishat Power, Liberty and Atlas Power have withdrawn their earlier notices invoking sovereign guarantees after meeting with...

Four IPPs verging on invoking sovereign guarantee

The notice period of 30 days given by four IPPs before the invoking of sovereign guarantee has ended on June 13, 2011 and it...