IPPs

As Pakistanis embrace solar, a cleaner, more affordable power solution emerges for the country’s grid

Reports had surfaced on some TV channels alleging that 13 IPPs owners had been summoned to Islamabad

In efforts led by Energy Minister Awais Leghari, a task force has finalised the framework to address the issue

Pakistan's pivot to thermal power over hydel resources has caused inefficiencies, high costs, and significant debt

Acting President Mohamin says IPPs get monthly payments of Rs150 billion, including for non-operational plants

Notion is a myth propagated by power distribution companies

Chinese officials say working to accomplish the task promptly, no condition attached

Decision may dent reputation, force govt to pay Rs22b in arbitration awards

Government had put release of funds on hold following investigation

Agreements aimed at devising payment mechanism for clearing outstanding payables amounting to Rs403b

Cabinet panel to consider Power Division’s proposal to pay Rs399 billion to IPPs; variations made in MoU

Ayub informs NA annual capacity payments to reach Rs1,455 billion in 2023

Proposes to make payment to 47 companies over a period of one year

Tariff cut badly needed for slowing down accumulation of circular debt

Govt aims to secure Rs836b in savings over next 28 years

PM Imran chairs meeting on power sector reforms, says govt working on making the subsidy system transparent

Benchmark KSE-100 index edges up 37.06 points to settle at 42,022.25

Information minister says inefficient power plants being shut down; ferry service for pilgrims approved

Foreign minister says people soon to get relief in power prices

Minister says government-owned power generation plants would also reduce their rates in line with IPPs agreement

Shibli blames past rulers’ agreements with IPPs for expensive electricity

PM Imran says fixing damaging structure inherited in power sector

Imran sees hydel power as the way forward

Surplus exacerbated by low demand due to rupee depreciation, coronavirus

Allegations without backing them with robust data can have serious repercussions

Controversies can be avoided by introducing competitive tariff-based bidding

National Electric Power Regulatory Authority tasked with preparing detailed response, suggesting suitable actions

To revisit imported coal supply agreements in bid to cut prices

It will propose steps to prevent wrongdoing, ensure energy security

IPPs’ representatives submit one-year earnings record with inquiry commission

Move comes after reassurances from government that it will settle outstanding debt

Currently the government owes around Rs250 billion

These may compound consumer woes in summer months

Cheaper, efficient technology coupled with net-metering boost solar power adoption

Solution lies in liberalisation to create a wholesale electricity market

Directs petroleum, power secretaries to consult with oil minister

Water and power ministry told to conduct heat-rate audit of power firms

Regulator voices concern over the payment, seeks relevant record