- The officials say that Govt managed to obtain relief from RS1,43 per unit.
- Until now, the future payments of RS1,400 billion have been saved, the officials say.
- They say 496 MW given by Kapco to stabilize the Muzaffargarh system.
Islamabad: Equity (ROE) equity yield of power plants (GPP) was reduced to 13% by the government on the basis of the Pakistani roupie, while the value of the US dollar was capped at RS168.
“More importantly, their capacity payments would be reduced to 35% by 100% just to ensure that factories remain operational. This will result in RE0.44 relief per unit, senior officials of the Power division government have been informed The news.
This is how the total relief that the government obtains will be around RS2 per unit once the talks in progress with the wind power plants and the solar factories end amicably, “said the manager.
The officials said that following the termination of the electricity purchase agreements (APP) of five independent power plants (PPI), deducting from the price of eight power plants of US dollar bagasse and connecting it to the Pakistani Roupie and the revision of contracts of 14 PPI depending on the take and the salary mode, so far, the government has succeeded in obtaining the relief of RS1,43 per unit.
“Until now, we have saved future payments of 1,400 billion rupees and after the agreements have concluded with power plants and wind and solar factories, future savings would increase to 2,600 billion rupees,” -They declared.
They declared that the termination of five IPPS contracts had gave relief of RE0.77 per unit, the revision of eight power plant contracts based on re0.14 luggage per unit, and the revised apps of 14 IPP depending on the mode of taking and payroll provided a relief in RE0.43 prices per unit.
“So much so, the termination of the contract with the Pakgen power plant and in its place, the inclusion of the Kapco power plant of 496 MW in the system would also give the relief of RE0.09 per unit.”
Energy division officials said 496 MW had been given from Kot Addu Power Company (Kapco) to stabilize the system to Muzaffargarh at the request of the National Transmission & Despatch Company and after three years, Kapco would put the plant back From 496 MW and Switchyard to the government without payment of any penny.
At a request, the competent manager said: “CPEC power plants receive capacity payments of 600 billion rupees per year, nuclear power plants of 510 billion rupees, hydel 200 billion electric power power plants, power plants RS34. “
The official said that Hydel power plants such as Suki Kinari, Meera, Gul Pure, Karot and Star Hydropower received 200 billion rupees as capacity payments per year.
“RLNG power plants, Haveli Bahadur and Baluki power plants get 18 billion rupees as capacity payments per month while Quaid-i-Azam thermal power plants and Punjab have capacity payments of RS16 billion (RS8 billion each).
“We are currently in talks with wind and solar power plants and hope to obtain an average means of revising their contracts. The electricity division would soon contact the Prime Minister’s Foreign Affairs and Office for this purpose, because in the said project, lenders of the United States, Canada and Denmark are included. Their payment mandate of the debt represents 3-4 years. We hope to obtain a relief from RE0.13 per unit after discussions with wind and solar power plants. »»