On November 12, 2020, NEPRA approved the detailed design and implementation plan of CompetitiveTrading Bilateral Contract Market (CTBCM) of electricity. NEPRA has given the timeline of 18 months for preparation and implementation. The model envisages that all the future contracts for the sale/purchase of electricity will be bilateral between the parties, that is, sellers – […]
8SharesISLAMABAD: The Sub-committee of Senate Standing Committee on Power in its meeting on Tuesday presented a detailed analysis of how the overpayments to independent power plants (IPPs) have greatly contributed to the circular debt and how the private businesses flourished while damaging the national exchequer owing mainly to the haphazardly-designed agreements. Also read: Circular Debt Increases […]