KAPCO’s Power Purchase Agreement Becomes Effective

September 15, 2025 (Karachi):

Kot Addu Power Company Limited (PSX: KAPCO) has officially commenced operations under its Tripartite Power Purchase Agreement (TPPA) after successfully completing mandatory performance tests.

According to the company’s announcement, both the Initial Tested Capacity and Initial Heat Rate Test were conducted on September 12, 2025, in line with the provisions of the TPPA signed with the Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) and the National Grid Company of Pakistan Limited.

Following the evaluation, the Independent Engineer issued the Capacity/Heat Rate Test Certificate, thereby confirming September 13, 2025 as the Effective Date of the TPPA.

This milestone solidifies KAPCO’s contractual framework with the national grid, ensuring smoother operations and a more predictable revenue stream under the new agreement.