Interim PPA signed for Neelum Jhelum project, Pakistan

10 January 2020

An interim agreement has been signed for the purchase of power from the Neelum Jhelum hydropower project in Pakistan, with the developers Water and Power Development Authority (WAPDA) hoping this will boost the confidence of international lenders and donors to support the project.

The tripartite Interim Power Purchase Agreement (PPA) was signed this week between Central Power Purchasing Agency (Guarantee) Limited (CPPAG), Neelum Jhelum Hydropower Company Limited (NJHPCL) and Water and Power Development Authority (WAPDA). CPPAG CEO Abid Latif Lodhi, NJHPC CEO Engineer Brigadier (Retd) Muhammad Zareen and WAPDA Member (Power) Javed Akhter attended the signing ceremony.

With the PPA in place, NJHPCL will be able to raise invoices on account of energy delivered to National Grid with effect from July 4, 2018 – more than 6.3 billion units of electricity – translating into financial gains of Rs.57 billion.

All four units of Neelum Jhelum are operational and generating electricity according to availability of water. 

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.