WB terms reports on delaying loans for Pakistan as “unfounded”

ISLAMABAD, Jan 19 (APP):The World Bank on Thursday termed the media reports on delaying approval of loans for Pakistan as unfounded and baseless saying that it was not delaying approval of any loan for the country. “The press reports that refer to a World Bank decision to delay approval of potential Bank operations in Pakistan… Continue reading WB terms reports on delaying loans for Pakistan as “unfounded”

PM directs solarisation of govt buildings before summer

ISLAMABAD, Dec 22 (APP): Prime Minister Shehbaz Sharif on Thursday directed the authorities concerned to complete the solarisation of the government buildings before the onset of summer season. The prime minister, chairing a meeting to discuss the promotion of solar energy, said the utilization of solar energy was inevitable to improve the economy by reducing… Continue reading PM directs solarisation of govt buildings before summer

NEPRA reduces tariff of Bagasse, Wind, Solar power plants

NEPRA

ISLAMABAD, Apr 09 (APP):National Electric Power Regulatory Authority (NEPRA) has reduced the Return on Equity (ROE), Return on Equity during Construction (ROEDC), Operation & Maintenance and Insurance components of seven bagasse, three wind and two solar PV Independent Power Producers (IPPs) having cumulative capacity of around 355 MW. Additionally, the tariff share of these IPPs,… Continue reading NEPRA reduces tariff of Bagasse, Wind, Solar power plants

Progress made on draft agreement with 3 gas-based IPPs: Sources

ISLAMABAD, Jan 21 (APP): Progress was made on the agreement with the Independent Power Producers -as three gas-based leading IPPs agreed on a draft of legally binding contracts on the basis of MOUs initially signed in August 2019. The three companies; Sapphire, Halmore, and Orient, setup under the 2002 power policy, have moved ahead on… Continue reading Progress made on draft agreement with 3 gas-based IPPs: Sources

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