Sui Northern Gas Pipelines Limited (SNGPL) is grappling with a liquidity crisis due to outstanding dues totalling Rs76.523 billion from the power sector, Business Recorder, citing sources.
SNGPL has detailed that Rs50.431 billion of this amount is owed by WAPDA’s power plants, including Guddu Power (Rs29.958 billion), Nandipur (Rs16.615 billion), and other plants such as Muzaffargarh, Faisalabad, and Shahdra. Of the outstanding sum, Rs18.119 billion is disputed gas charges, and Rs31.462 billion is for late payment surcharges on gas charges.
In addition to WAPDA, other independent power producers (IPPs) owe large amounts, with the largest receivables coming from Liberty Power (Rs16.397 billion), Orient Power (Rs1.441 billion), and Engro Energy (Rs424 million), among others.
SNGPL also reported overdue payments from government-owned power plants, including Rs3.779 billion owed by QATPL, NPPMC, and NPPMCL.
The company noted that these arrears have accumulated due to insufficient fund releases from the Central Power Purchasing Agency-Guarantee (CPPA-G) to the power sector. As a result, SNGPL has urged CPPA-G for the expedited release of funds to power companies to help them meet their obligations towards SNGPL and ensure the continuity of gas supply.
The ongoing liquidity challenges have further complicated SNGPL’s ability to fulfill its commitments with gas suppliers.
