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The resolution called for early start of new captive power plants (NCPP) established in the province in private sector so that electricity produced by them could be used for overcoming persisting and widened power shortfall in the province.
New Captive Power Plants (NCPP) were established on the basis on policy for New Captive Power Plants announced by the then Pakistan Electric Power Company Limited (PEPCO) wholly owned by Ministry of Water and Power, Government of Pakistan.
All these NCPP's use natural gas to generate electricity.
The SHC determined that Omni Group NCPP's were not entitled to the tariff they were asking; which was more than double of what NEPRA had determined.
According to the Sindh NCCP subsidy Bill, 2017, the NCPP's, mostly owned by Anwar Majeed's OMNI group will be entitled to cover the difference of tariff per unit through a subsidy by the Sind Govt for10 years, and that to extendable by just a gazette notification.
These subsidies to the NCPP's will put a huge burden on the tax payers in Sindh.
Question is, why does the Government of Sindh suddenly feel that NCPP's need to earn even more money than what NEPRA & the High Court determined?
Interestingly, only NCPP's that come on line within 18 months of the law are eligible to receive subsidy.
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