NAB has reportedly given the go-ahead to the Power Division for processing the pending overdue amount for IPPs falling under the 2002 Power Policy. To highlight, overdue payment to said IPPs was withheld on Jun 04’21 with Power Division citing the ongoing NAB investigation for its decision. The total overdue amount of these IPPs summed to PKR 145.7bn, of which PKR 58.4bn (40% of the overdue) is slated to be paid in the coming days.
Tag: IPPs
Independent Power Producers (IPPs)
20 IPPs paid 40% of their overdue amount
