KARACHI: Kot Addu Power Company Limited (Kapco) has emerged as the lowest bidder for K-Electric’s (KE) proposed 120MW solar power project in Deh Halkani, District West, Karachi.
In a notice to the Pakistan Stock Exchange (PSX) on Tuesday, Kapco announced that it had submitted a competitive bid tariff of Rs9.8319 per kWh (3.4061 cents/kWh), based on the reference exchange rate of USD/PKR 288.65.
The bidding process, conducted by KE, followed the guidelines outlined in Nepra’s Electric Power Procurement Regulations, 2022.The formal award of the project is now contingent upon regulatory approval from Nepra, which will review the report of the Auction and Evaluation Committee prepared by K-Electric, the notice stated.
The image shows entrance of the Indus Motor Company. — APP/FileKARACHI: Indus Motor Company Limited has announced to...
A salesperson displays gold jewellery at a store in this undated file photo. — AFP/FileKARACHI: Gold prices...
Saudi Arabia's Minister of Finance Mohammed bin Abdullah Al-Jadaan attends the Future Investment Initiative in...
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of...
US President-elect Donald Trump attends the America First Policy Institute gala at Mar-A-Lago in Palm Beach, Florida,...
A representational image showing an oil refinery. — AFP/FileLAGOS: Nigeria’s national oil company began operating...
