MG Morning Breeze: Updates to Skim before Market

Mettis Link News reported that NEPRA has cancelled Generation License No. IGPL/021/2024 held by Altern Energy Limited (PSX: ALTN). The cancellation takes effect from August 28, 2026, and responds to an application the company filed on June 10, 2026. With the licence gone, the company no longer holds NEPRA's authorisation to generate power under that licence.

The headline also says the board is considering a disposal of the plant, but the report gives no terms, timing or buyer for any such sale. The item came from the Mettis Global morning digest dated September 3, 2026, which collects noteworthy updates from the previous day. The text does not describe any further steps on the licence or the plant itself.