BusinessNon-payment of dues: Furnace oil supply to IPPs cut off, 4 days...

Non-payment of dues: Furnace oil supply to IPPs cut off, 4 days stock left

ISLAMABAD: Supply of furnace oil to IPPs has been stopped due to non-payment of dues.

Only 4 days stock left. Pakistan State Oil has cut off the supply of furnace oil to IPPs for non-payment of billions of rupees.

According to sources, 4,265 MW of power is likely to be cut off due to suspension of supply of furnace oil. IPPs have 4 days stock of furnace oil left.

The Ministry of Energy has joined hands to ensure uninterrupted supply of electricity during Ramadan.

DG Oil has written a formal letter to the Ministry of Energy to release Rs 25 billion under PSO by April 16.

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