Loading...

Javid Law Associates
News

Nishat Power Ltd Amends IPP Contract With Govt

5 min read
Legal Expert
Nishat Power Ltd Amends IPP Contract With Govt
Nishat Power Limited (PSX: NPL) has amended its Power Purchase Agreement, Implementation Agreement with the federal government. In principle, the amendment means that the existing tariff will now be converted to a ‘Hybrid Take and Pay’ model. In its earlier filing dated December 4, 2024, the salient terms and conditions were revealed as under:
Share:

About the Author

Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

Verified Professional 25+ Years Experience
Legal Experts Online

Need Expert Legal Counsel?

Free Session Secure & Private

Typical response time: Under 5 minutes