Pakistan’s leading Independent Power Producer (IPP), Kot Addu Power Company Limited (KAPCO), has made significant strides in securing its future operational framework.
The company recently announced that the National Electric Power Regulatory Authority (NEPRA) has officially approved the inclusion of its power plant in the Power Acquisition Plan (2023-2027) for distribution companies.
This approval paves the way for the renewal of KAPCO’s Power Purchase Agreement (PPA), a critical move for ensuring stable power supply across the country.
KAPCO has submitted an addendum to its tariff petition before NEPRA, seeking the final determination of its tariff structure.
NEPRA’s Approval and Its Implications
KAPCO’s power plant is a key asset in Pakistan’s power generation mix, offering a reliable and scalable source of electricity.
Once the company receives formal notification regarding the renewal terms, it will move forward with obtaining necessary corporate approvals.
This has impacted the company’s revenue streams, necessitating urgent action from relevant regulatory bodies.
- Additional return on equity will be linked to enhanced electricity generation, incentivizing operational efficiency.
- Supporting Industrial Growth: A stable power supply is critical for industrial operations, manufacturing, and economic expansion.
As Pakistan’s largest combined cycle power plant, KAPCO holds a pivotal role in the national energy infrastructure. Its strategic location and technological capacity make it an indispensable asset in addressing Pakistan’s growing energy needs.
 secures NEPRA approval for inclusion in the Power Acquisition Plan (2023-2027).){kind=link}