The representatives of Independent power Projects (IPPs) on Wednesday showed serious concerns over the under process modification in the licence of National Transmission and Dispatch Company, raising fears, that in new set up the smooth power supply to consumers may affect.

We have serious concerns over the capacity of newly modified CPPA (G), about their capacity to make the payments on time, billing issues and financial standing, said Fauji Kabirawala representatives while raising their objections in the Nepra hearing, called to hear stakeholders take on modification of NTDC licence.

The representatives expressed that due to lack of capability and capacity, on time payments would not be possible by CPPA to power producers, which may result in shut down of plants in long run.

The interveners rejected the commercial code and requested Nepra to rewrite the whole code with the assistance of IPPs to make the document more practical and applicable. They pointed out that certain clauses of the document were in direct conflict to the 1994 and 2002 policies under which the IPPs came into being.

The power producers went into an agreement with NTDC, now if it is being shifted to CPPA (G) it must be with mutual consent of buyer and seller, said Qaiser Zia, representative of IPPs.

He said that commercial code was drafted by Ministry of Water and Power and was then approved by Nepra, without taking any suggestions from the IPPs.

Ministry of Water and Power, in April this year, making Central Power Purchasing Agency an independent company separated it from the National Transmission and Dispatch Company, claiming that the decision would bring transparency, promote corporate culture and keep a check on circular debt.

CPPA was made an independent company to perform the function of settlement of dues of electricity between buyers and sellers.

After hearing all the interveners Chairman Nepra, Tariq Sadozai, gave another seven days time to stakeholders to submit their concerns to authority.