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Power sector arrears: Upstream supplies at risk as recoveries surge to Rs169.27bn: SNGPL

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has reported outstanding dues of Rs169.27 billion against the power sector, warning that mounting arrears have triggered a severe financial crisis and impaired its ability to meet commitments towards upstream gas suppliers. In a letter , addressed to the Chief Executive Officer of Central Power Purchasing Agency-Guarantee (CPPA-G), SNGPL has…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Power sector arrears: Upstream supplies at risk as recoveries surge to Rs169.27bn: SNGPL (opens Business Recorder in a new tab)

    ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has reported outstanding dues of Rs169.27 billion against the power sector, warning that mounting arrears have triggered a severe financial crisis and impaired its ability to meet commitments towards…

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