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Kot Addu Power Company (KAPCO): Company signs MoU with gov’t for extension of PPA – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Thursday, 20 August 2020
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Kot Addu Power Company (KAPCO) has entered into a Memorandum of Understanding (MoU) with the Committee notified by the Government of Pakistan.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">As per the notification issued at PSX, KAPCO and the Committee for Negotiations with Independent Private Power Producers notified by the Government of Pakistan have entered into Memorandum of Understanding (MoU).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Under the MoU, the parties/GoP shall look into the possibility of the Company&rsquo;s Power Purchase Agreement beyond June 26, 2021 on terms and conditions to be mutually agreed keeping in view the commercial and technical viabili...

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