EPQL says PPIB’s proposals under consideration

News Image

MG News | June 01, 2022 at 04:00 PM GMT+05:00

0:00

June 01, 2022 (MLN): Engro Powergen Qadirpur Limited (PSX: EPQL) has received the recommendations in relation to the Gas Depletion Mitigation Plan/Option (GDMP/GDMO) by the Project Committee of Private Power & Infrastructure Board (PPIB) that are under the consideration, the company filing on PSX showed today.

The said proposal is subject to the deliberation and approval of the Board of Directors of the company.

According to the report by Business Recorder, PPIB has recommended that the 226.5MW power plant of M/s Engro Powergen Qadirpur Ltd (EPQL) may be allowed to operate on commingled RLNG with available permeate gas till 2025, after which re-evaluation be done for further operation of the project.

The 226.5MW power plant by EPQL is utilizing low BTU Permeate Gas (PG) from the Qadirpur gas field. As per the latest gas profile shared by SNGPL, comingling fuel would be required to operate the plant technically at a minimum level of 90 MW by the end of this year.

PPIB Board while approving Gas Depletion Mitigation-Plan/ Option (GDMP/GDMO)with RLNG in its 134th meeting directed NTDC and CPPA-G to provide despatch modeling and sensitivity analysis on comingled R-LNG, to be reviewed by the Projects Committee, it added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 166,609.99
114.86M
0.69%
1133.97
ALLSHR 101,134.56
187.74M
0.81%
807.77
KSE30 51,336.54
57.50M
0.59%
301.78
KMI30 243,764.52
23.43M
0.30%
726.02
KMIALLSHR 66,853.14
91.12M
0.63%
415.66
BKTi 47,121.55
36.30M
1.07%
498.23
OGTi 32,997.12
4.38M
1.62%
525.00
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 112,455.00 114,040.00
112,200.00
-630.00
-0.56%
BRENT CRUDE 62.18 62.40
62.02
-0.21
-0.34%
RICHARDS BAY COAL MONTHLY 80.50 80.50
80.50
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 89.00 89.00
88.75
-0.10
-0.11%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 58.54 58.79
58.37
-0.16
-0.27%
SUGAR #11 WORLD 15.87 15.94
15.36
0.26
1.67%

Chart of the Day


Latest News
October 15, 2025 at 09:34 AM GMT+05:00

Asia market rise as U.S. China trade tensions escalate


October 15, 2025 at 09:20 AM GMT+05:00

NBP issues foreign exchange rates


October 15, 2025 at 09:17 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg