Tapal Energy requests 10 year extension in generation license: NEPRA

MG News | December 17, 2018 at 10:08 AM GMT+05:00

0:00

December 17, 2018 (MLN): Tapal Energy (Private) Limited (TEPL) has proposed to extend the term of its generation license for 10 years commensurate with the remaining useful life of its generation facility, i.e. June 19, 2029.

According to a press release issued by National Electric Power Regulatory Authority (NEPRA), TEPL has stated that “the proposed Generation License Modification aims to ensure that the term of the Generation License caters to the remaining useful life of the facility.”

TEPL has submitted a separate petition for determination of tariff for sale of electricity beyond the current Power Purchase Agreement (PPA) term.

The company has further informed that the quality of service and performance will not be affected by the proposed modification.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,850.41 332.44M	-0.82% -1281.68
ALLSHR	93,128.93 549.22M	-0.47% -437.93
KSE30	47,878.36 122.18M	-0.88% -424.61
KMI30	219,918.19 103.02M	-0.40% -880.32
KMIALLSHR	60,001.21 236.24M	0.02% 12.68
BKTi	45,393.96 37.62M	-1.73% -799.12
OGTi	30,638.35 26.67M	1.47% 445.25

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,195.00	69,195.00 67,615.00	730.00 1.07%
BRENT CRUDE	83.88	84.25 81.28	2.48 3.05%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-7.85 -7.32%
ROTTERDAM COAL MONTHLY	124.15	139.50 124.15	5.35 4.50%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	76.68	76.98 74.37	2.12 2.84%
SUGAR #11 WORLD	13.95	14.20 13.91	0.04 0.29%