29.9 C
Karachi
Friday, April 19, 2024
HomeTagsIPPs

Tag: IPPs

ECC approves release of 40pc amount to IPPs

ISLAMABAD: Federal Minister for Economic Affairs Omar Ayub on Thursday chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here in...

ECC to approve grant for release of payments to IPPs tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) will approve a technical supplementary grant for 40 percent payment to the independent power producers (IPPs) on Thursday...

ECC okays funds for local bodies elections, IPPs, COVID vaccines

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Monday approved funds for local bodies' elections in the country, purchasing of COVID vaccines,...

Cabinet body approves concessional tariff for power consumers in winter

ISLAMABAD: A cabinet body on energy Monday approved a concessional power tariff for consumers during the winter season spanning over November 2021 to February...

Circular debt down by Rs116 bn after ECC approves IPPs adjustments: Hammad Azhar

ISLAMABAD: Federal Minister for Power Hammad Azhar on Friday announced that the Economic Coordination Committee (ECC) has approved a financial mechanism for government-owned IPPs,...

Govt pays IPPs first instalment worth over Rs89 billion

The federal government has paid Rs89.2 billion to 20 independent power producers (IPPs) as the first instalment of payment.

Moving towards new power purchase agreement with K-Electric: Hammad Azhar

The government and K-Electric have agreed on principles to resolve most of their long-standing disputes, the energy minister said.

ECC approves payment of Rs89 billion to 35 IPPs

The Economic Coordination Committee (ECC) on Wednesday gave the approval to pay the first installment of Rs89 billion to 35 Independent Power Producers

NAB denies launching probe into renewed agreements with IPPs

The announcement came after a government team involved in the IPP agreements met with Chairman NAB Justice (retd) Javed Iqbal today.

ECC approves agreements with 46 IPPs, supplementary grant to FBR 

The government would be able to save Rs836 billion from the agreements with the IPPs after they get a final nod from the federal cabinet.

Six more IPPs agree to govt’s terms for cheap electricity

So far 47 IPPs with an overall production capacity of 7450MW electricity have agreed to sign the agreement with the government for a cheaper power supply.

18 more IPPs agree to govt’s terms for cheap electricity

The government team has reportedly had successful deals with 18 new IPPs, including KAPCO for 1600MW generation, for affordable power

Reviewing agreements with IPPs to avoid exorbitant payments: Omar Ayub

Industries to get power at half the tariff which will save Rs21 billion collectively in production costs, ensuring an impetus for industrial growth

New agreements to stop hike in electricity tariff: Qureshi

The foreign minister highlighted that Prime Minister Imran Khan had asked IPPs for reducing the electricity rates.

‘Successful talks between IPPs, govt to bring an end to circular debt’

A 25 to 30-year agreement between the government and IPPs is currently under consideration, said the head of IPPs probe body.

Revisiting contracts with IPPs to help reduce circular debt: PM Imran    

Lauding the amendments made to the agreements with the independent power producers (IPPs) by mutual consent, Prime Minister Imran Khan on Monday said that revisiting the contracts will help reduce the country's circular debt.

Govt’s focus on reducing electricity tariff, says Omar Ayub

The minister added that the consumers will be provided low-cost electricity after the implementation of reform plans in production and supply sections.

Federal govt, IPPs reach agreement, announces Shahzad Qasim

We have successfully held talks with the IPPs and signed a renewed deal with them, Shahzad Qasim said.

ECC approves 12 supplementary grants

The Economic Coordination Committee (ECC) has approved 12 supplementary grants to different government departments.

Committee formed to suggest on mechanism for outsourcing airports: Asad Umar

The investment process will be transparent and no agreements will be made behind the closed doors, assured Asad Umar.
Load more

BREAKING NEWS

MUST READ

ABOUT US

ARY NEWS brings you 24/7 Live Streaming, Headlines, Bulletins, Talk Shows, Infotainment, and much more. Watch minute-by-minute updates of current affairs and happenings from Pakistan and all around the world!

CORPORATE

ARY NETWORK

DOWNLOAD NOW!

© 2024 ARYNEWS.tv. All Rights Reserved.