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 153,866.17
113.04M
-0.36%
-555.27
ALLSHR 92,322.41
289.91M
-0.18%
-165.37
KSE30 47,054.02
67.50M
-0.57%
-268.71
KMI30 220,139.18
52.42M
-0.81%
-1787.82
KMIALLSHR 59,630.44
114.87M
-0.43%
-258.98
BKTi 44,089.65
23.49M
-0.09%
-38.05
OGTi 31,668.31
6.28M
-0.15%
-47.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,495.00 74,210.00
70,200.00
850.00
1.20%
BRENT CRUDE 103.89 103.95
97.60
3.43
3.41%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-12.90
-11.49%
ROTTERDAM COAL MONTHLY 122.70 123.80
122.70
-1.10
-0.89%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 99.31 99.32
92.04
3.58
3.74%
SUGAR #11 WORLD 14.41 14.53
14.30
0.03
0.21%

Chart of the Day


Latest News
March 13, 2026 at 11:06 PM GMT+05:00

Arif Habib, Power Cement to join KSE-100 from April 1


March 13, 2026 at 10:40 PM GMT+05:00

PM keeps petrol prices unchanged


March 13, 2026 at 03:24 PM GMT+05:00

PKR extends stability streak against USD


March 13, 2026 at 01:12 PM GMT+05:00

OMO Result: SBP injects Rs13.4tr into market



Top 5 things to watch in this week

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