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EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

admin-augaf by admin-augaf
August 20, 2025
in Business, Finance
Reading Time: 1 min read
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EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost
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Karachi August 20 2025: On August 19, 2025, Engro Powergen Qadirpur Limited (EPQL) executed a Supplemental Agreement to its Power Purchase Agreement (PPA) dated October 26, 2007 with Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) to include gas from the Badar-1 gas field, supplied by Petroleum Exploration Limited, as an additional fuel source for the Company’s power plant.

The Company had earlier entered into a Gas Supply Agreement (GSA) with Petroleum Exploration Limited on August 5, 2024, which was subject to amendment of the PPA to incorporate the gas supply arrangement. The Supplemental Agreement remains subject to certain regulatory approvals, and utilization of gas under the GSA shall commence only once all requisite approvals are in place.

admin-augaf

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