Karachi, November 29, 2016 (PPI-OT): Power
The government is likely to offer a market-based internal rate of return to power generation firms to attract private investments, an official said on Monday. The existing regimes – both upfront and cost-plus – allow a fixed internal rate of return (IRR), which presently ranges between 15 percent and 20 percent. A hydropower project is offered 20 percent, residual fuel oil/gas-based power project (15 percent), regasified liquefied natural gas (16 percent) and others (17 percent).The official said the National Electric Power Regulatory Authority (Nepra) would frame recommendations after evaluating the existing practice of determining the rates of return for various power generation technologies. https://www.thenews.com.pk/print/168308-Govt-mullsmarket-based-IRR-for-power-generation-investors