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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:
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