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Government resumes payments to IPPs
Besides resumption of normal daily payments, the IPPs, set up under the 2002 power policy will get the entire capacity payments on or before Sept 29. – File Photo ISLAMABAD: Nine independent power...
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CJ questions govt handling of IPPs
The Supreme Court building in Islamabad. —File photo ISLAMABAD: During a hearing of the rental power projects (RPPs) case on Tuesday, Chief Justice Iftikhar Mohammad Chaudhry inquired as to why the...
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SC questions ignoring IPPs in eliminating power shortage
Supreme Court of Pakistan. – File Photo ISLAMABAD: Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on Tuesday posed a question to the counsel representing the Ministry of Water and Power as to why...
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IPPs serve notices for Rs42bn
The official said that the prime minister had taken notice of the situation and on his directive a meeting of the cabinet committee on energy headed by finance minister Dr Abdul Hafeez Shaikh had been...
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Ministry to get Rs6bn for power generation
The Minister for Water and Power apprised the meeting that a large number of foreign investors from different countries have shown interest in various sectors in Pakistan. - File photo ISLAMABAD: Prime...
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Govt to overcome energy crisis before next polls: Firdous
Minister for Information and Broadcasting Dr Firdous Ashiq Awan. — File photo LAHORE: Federal Information and Broadcasting Minister Dr Firdous Ashiq Awan said on Friday the government would overcome...
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Nine LOIs issued to produce 228 MW solar electricity
National Renewable Energy Laboratories, USA has identified estimated theoretical solar potential of 2.9 million MW. - File photo ISLAMABAD: Ministry of Water and Power has issued nine Letters of Intent...
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Govt may face default on IPPs’ dues
Saif Power, Liberty Tech, Nishat Power, Nishat Chunian Power, Oriental Power, Saphire Power, Halmore Power and Atlas Power have all presented notices to the Government for payment of their dues. – File...
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Hub Power Company is sold
It may be recalled that in the autumn of 2011, the other major foreign sponsor in Hubco, Xenel had called quits, divesting its entire shareholding of 140m shares (12.3 per cent) at price of Rs37 per...
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SC put secretaries on notice in clearance of circular debt
The Supreme Court of Pakistan.—AFP/File Photo ISLAMABAD: The Supreme Court on Monday issued notices to the secretaries of the ministries of water and power and finance over clearance of circular debt...
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