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All Stories: IPPs

IPPs getting billions of rupees without producing electricity in Pakistan

A debate blaming the exorbitant electricity prices on expensive power purchase agreements with IPPs has been raging for the past couple of weeks. The worst...

MQM submits resolution against IPPs in Sindh Assembly

KARACHI: The MQM-Pakistan has submitted a resolution in Sindh Assembly against the independent power producers (IPPs), ARY News reported on Wednesday. Leader of Opposition in...

Govt must cancel capacity charges deals with IPPs: Mustafa Kamal

ISLAMABAD: MQM-Pakistan's leader Mustafa Kamal has demanded of government to cancel the capacity charges agreement with local independent power producers (IPPs), ARY News reported...

Mustafa Kamal calls IPPs a threat to national security

KARACHI: MQM leader Mustafa Kamal has termed independent power plants (IPPs) as threat to the national security, ARY News reported on Tuesday. Mustafa Kamal in...

FPCCI to move SC against capacity payments to IPPs

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to approach the Supreme Court (SC) against the payment of billions of...

Some IPPs being paid Rs 750 per unit for electricity: Gohar Ejaz

LAHORE: The government buying electricity from some power plants at the rate of Rs 750 per unit, former caretaker minister Gohar Ejaz said in...

IPPs paid Rs 450 billion in first three months of year: Gohar Ejaz

ISLAMABAD: The independent power producers (IPPs) have been made heavy payments of Rs 450 billion in first three months of the current year. Former caretaker...

“Tell IPPs, couldn’t implement agreements”, Mustafa Kamal to Govt

KARACHI: Power sector crisis has been the biggest problem than terrorism, MQM leader Mustafa Kamal said in a press conference on Thursday. MQM leader asked...

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
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