33 IPPs paid Rs.979.3bn as Capacity payments in one year

Less than three dozen Independent Power Producers have billed the Government Rs.979.3 billion as Capacity Purchase Price during last financial year(From July-2023 to June-2024). This stunning revelation was made by Federal Minister for Energy Sardar Awais Ahmad Khan Laghari in the Parliament reply to a written question on 12th of September. The documents shared by Ministry of Energy contain names of IPPs, Capacity payments made to each and Fuel/Source of power producers. Among those who got billions are: 8 Imported /Local Coal based power producers whose capacity purchase price amounts to Rs.718 billion; 11 Gas/RLNG IPPs whose capacity bill was Rs.72.64 billion; 3 Hydel plants charging capacity amount of Rs.107 billion, and 11 RFO based IPPs with Capacity Bill of Rs.81.6 billions.

Who got how Much? Read the document!

Below is the document shared with Parliament which has names of all 33 IPPs and the Capacity payments made to each.