The power regulator appears set to refuse a further two-month interim coal-buying window for the 1,320MW Port Qasim plant as scrutiny of procurement terms intensifies.
NEPRA is unlikely to approve another interim coal procurement extension for PQEPCL, sources say.
The company has asked in writing for a further two-month extension after meeting regulator officials.
Bids offering a US$2.10 per tonne discount on South African coal are described as PQEPCL’s highest ever.
The Prime Minister’s Office has reportedly ordered an inquiry amid transparency concerns.
The issue is expected at NEPRA’s public hearing on the Fuel Charges Adjustment for September 2026.