15 IPPs to invest in Pakistan: Pepco

Islamabad: Pakistan Electric Power Company (Pepco) has chalked out a comprehensive plan to rid the country of the menace of loadshedding by August 14 2009, Director General and spokesman Pepco Tahir Basharat Cheema said.

He said two rental plants having the capacity to generate 1200mw power would start functioning by April 2009.

As many as 15 Independent Power Producers (IPPs) have agreed to invest here in the country. Three IPPs would start producing power by December 2008 and others would follow the suit from next year.

And some more power generation projects would start production from next year making possible to end loadshedding by August next year, he said. Currently the short fall is up to 1500-mw, which is being overcome by load management.