Independent Power Producers

Chinese officials say working to accomplish task, no conditions attached

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

According to new deal, profit rate for IPPs fixed at 12% instead of 15%

In the past, some would argue that this is because the major defaulters are in positions of power

Asad Umar says a commission will conduct a forensic audit and submit its findings in 90 days

Power Division will discuss eight-point plan with IPPs in meeting on Thursday

Mangla power units also shut since 2017; Senate body seeks details of losses caused by closure

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

Committee deliberates issues of high tariff, capacity charges and heat rates

Previous govts approved return on investment in dollars whereas investors invested in local currency

Senator claims power producers had submitted manipulated figures about
fuel consumption

Dr Ishrat Husain insists no concession is being provided to Chinese setting up power plants

Additionally, the govt has invited IPPs to list any unsettled issues