AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

The Water and Power Development Authority (Wapda) has clarified a news item published on Sunday in a section of the press.
The spokesman for the Authority said the National Assembly Standing Committee on water and power had asked Wapda to give them the current purchase price from the Independent Power Producers (IPPs), which run on furnace oil as the cost of oil is a pass-through item to Wapda.
He clarified that the Wapda chairman presented the average purchase price of energy in the last 12 months and gave the negative effect of this purchase on Wapda finances.
He apprised the Committee that Authority paid Rs 151.3 billion to IPPs during the last fiscal year and this amount is likely to rise to Rs 200 billion for the current fiscal year. However, no figure of the required increase in tariff was given by the Wapda chairman as this is worked out by National Electric Power Regulatory Authority (Nepra) and notified by the Government of Pakistan, the spokesman added.-PR

Copyright Business Recorder, 2006

Comments

Comments are closed.