Kohala Hydropower Project Faces Delay as Chinese Lenders Demand Payments
The Kohala Hydropower Project hit another snag when Chinese financiers stated that they will give the necessary financing once the Rs350 ...
Tag: IPPS
ECC okays Rs182bn grants, with a major chunk for IPPs
Amid heating up of political climate, the government on Monday approved Rs10 billion supplementary grants for Sustainable Development Goals Achievement ...
Circular debt surges to Rs2.327 trillion in 2020-21
With power sector circular debt touching Rs2.327 trillion as of June 30, 2021, the Cabinet Committee on Energy (CCoE) on ...
Govt pays Rs89bn to 20 IPPs as the first installment
The government on Friday did Rs89.2 billion transactions as the first installment of payments to 20 independent power producers (IPPSs) ...
Circular debt to remain over Rs1.1 trillion by 2023
Despite repeated tariff increases, buying out several old independent power plants (IPPs), fuel conversions, tax rationalisations and timely subsidy payments ...
Nepra approves cut in tariffs to help govt save Rs150bn
The National Electric Power Regulatory Authority (Nepra) gave approval for the reduction from 17 to 12-13 percent in the Return ...
Govt. overlooks deadline to pay first installments to 19 IPPS
The government has missed the deadline for payment of the first installment of about Rs 85 billion to about 19 ...
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