plants

ECC agrees on the high gas tariff for captive power plants, as local consumers spared – Trendy Blogger

by
ECC agrees on the high gas tariff for captive power plants, as local consumers spared – Trendy Blogger

The Economic Coordination Committee (ECC) has agreed to increase the gas tariff for captive power plants while maintaining local consumer rates without change. The decision was taken during a meeting on Saturday, chaired by the Federal Minister of Finance, Mohamed Orangezib. The gas tariff for captive power plants has been raised from Ru rupe. 3000 … Read more

Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

by
Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

The Government has completed negotiations with 14 furnace oil-based independent power producers (IPPs) under a “take-and-pay” agreement, with discussions continuing with other IPPs. According to a news report, Prime Minister Shehbaz Sharif announced the gradual closure of old power plants to reduce electricity costs and promote energy efficiency. This step comes within the framework of … Read more