Pakistan, Feb. 26 -- Pakistan's power producer Kot Addu Power Company Limited (KAPCO) on Tuesday informed that the National Electric Power Regulatory Authority (NEPRA) has approved the inclusion of its power plant in the Power Acquisition Plan (2023-2027) for distribution companies.
The IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX).
KAPCO stated that progress has been made on the renewal of the company's Power Purchase Agreement (PPA) following negotiations with the National Task Force on Implementation of Structural Reforms (Power Sector).
"Due to system requirements, the NEPRA has already approved the inclusion of the company's power plant in the Power Acquisition Plan (2023- 2027) for distribution co...