Turkmenistan’s delegation meets Pakistani officials

To discuss and mold in a final shape of TAPI- gas pipeline, a high-level delegation of Turkmenistan led by Deputy Foreign Minister Vepa Hajiyev held extensive meetings with the Pakistani delegation led by Federal Minister for Energy Hammad Azhar. Pakistan’s delegation included Secretary Power Division Syed Asif Haider Shah, Secretary Petroleum Division Ali Raza Bhutta […]

IPPs may default due to overdue payments

The China Pakistan Economic Corridor Authority (CPECA) has urged the government to devise a mechanism to pay the overdue receivables of Independent Power Producers (IPPs) on a priority basis otherwise they might default. A presentation given to the Central Power Purchasing Agency-Guaranteed (CPPA-G) has explained i) overdue/ receivables of Rs 250 billion;(ii) IPPs may go […]