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Hubco’s Narowal Energy executes Hybrid Take and Pay tariff deal
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Hubco’s Narowal Energy executes Hybrid Take and Pay tariff deal
Narowal Energy Limited (NEL), a wholly owned subsidiary of the Hub Power Company Limited (HUBCO), has formally executed the Amendment Agreement reached with the government last month. The development was disclosed by HUBCO, Pakistan’s largest Independent Power Producer (IPP), in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “Upon the request of the task force constituted under the Prime Minister’s Office, to revise the tariff and…
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