The rapid growth of rooftop solar systems is transforming Pakistan’s energy landscape

The rapid growth of rooftop solar systems is transforming Pakistan's energy landscape and creating disparities for lower-income electricity consumers dependent on the traditional grid. Ensuring equitable energy access for all…

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Potential positive likely impact on Lalpir Power – A bumper dividend can be expected (IMS Research House Report)

The government has successfully negotiated with five IPPs to terminate their PPAs prematurely. Two of these five IPPs are from the listed space: Hub Power Co. Ltd. (HUBC) and Lalpir…

Continue ReadingPotential positive likely impact on Lalpir Power – A bumper dividend can be expected (IMS Research House Report)

An update on how the govt wants to resolve IPPs issues – still Hubco to follow it

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  • Reading time:3 mins read

According to News, the federal government’s negotiations with Independent Power Producers (IPPs) have progressed, with four IPPs (Atlas Power, Saba Power, Rousch Power, and Lalpir Power) agreeing to terminate agreements…

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HUBC dismissed media reports about ongoing negotiations between IPPs and the government.

The Hub Power Company held its financial briefing today. The following are the key takeaways from today HUBC's annual general meeting (AGM). Brief takeaways The Board informed that the company…

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Permanent electricity solution, reduced industry bills needed: Mian Zahid Hussain

The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, as well as former provincial minister…

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The leather industry requests lower electricity tariffs and reviews of contracts with IPPs.

Chairman of Pakistan Tanners Association (Southern Zone), Karachi, Mr Muhammad Shafi, has noticed an increase in electricity prices of another Rs 2.56/unit for August 2024, as stated by NEPRA earlier…

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As energy becomes more expensive, the cost of all essentials rises: Mian Zahid Hussain  

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The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister…

Continue ReadingAs energy becomes more expensive, the cost of all essentials rises: Mian Zahid Hussain  

Govt. considers terminating/phasing out 15 IPP contracts and its impact on PSX’s related scripts.

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  • Post category:IPPs issuePSX
  • Reading time:2 mins read

According to news sources, authorities, in consultation with the recently created power task force, have decided to retire/gradually phase out 15 IPP contracts with immediate effect. Planned terminations for the…

Continue ReadingGovt. considers terminating/phasing out 15 IPP contracts and its impact on PSX’s related scripts.