Tag Archives: Govt misses deadline to pay first instalment to 19 IPPs

ISLAMABAD: Pending conclusion of a National Accountability Bureau (NAB) inquiry, the government has missed the deadline for payment of first instalment of about Rs85 billion to about 19 independent power producers (IPPs) required under an agreement signed on Feb 28. “Practically this is default on part of the government because it has not paid committed funds in time,” said a …

Read More »