Fourteen Independent Power Producers (IPPs) have served notices to the government for Rs42 billion default made by the National Transmission and Despatch Company (NTDC) Ltd.
The notices have been sent to the Private Power and Infrastructure Board (PPIB) for purchasers’ failure to pay huge verified and approved receivables to power producers, a source at the Independent Power Producers Advisory Council (IPPAC) said earlier yesterday.
Having an installed capacity of around 7,423MW, 29 private power projects are operational in the country, besides Kot Addu Power Company (1,650MW) and KE power plants (1,946MW).
