pakish

Advisers set conditions for LNG plants’ sale

ISLAMABAD: Financial advisers of the National Power Parks Management Company Limited (NPPMCL) — which owns and operates two LNG-fired plants with a combined capacity of around 2,500 megawatts — have asked the government to immediately finalise gas-sale and power-purchase agreements, debt recapitalisation and payment mechanism if it wanted an early …

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Govt to start clearing dues of Chinese IPPs from next week

ISLAMABAD: The government on Friday promised to start making payments to independent power producers (IPPs) set up under the China-Pakistan Economic Corridor early next week and set a schedule for regular monthly payments for a full fiscal year to the satisfaction of Chinese investors. Pakistan’s Central Power Purchasing Agency (CPPA) …

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