LDPL seeks gas supply for 235MW power plant
Business Recorder • • 2 min read

Liberty Daharki Power Limited (LDPL) has asked the government to step in and get raw gas flowing again to its 235-megawatt plant, according to Business Recorder. The company warned that the shutdown could push the national grid toward costlier imported fuels or load-shedding. Sui Northern Gas Pipelines Limited cut the supply on September 17, 2026, citing non-payment, and LDPL has requested an urgent meeting to settle the outstanding dues.
LDPL disputes SNGPL's claim of Rs24 billion in dues, saying its own records show a net payable of Rs6 billion after pending adjustments, and attributes the dispute to circular debt only partly resolved in 2024 talks with IPPs. The company says the plant was dispatched at sixth place on the Economic Merit Order when gas was cut, and it is carrying fixed operation, maintenance and insurance costs from its own funds. It also estimates that replacing its 221 MW of generation with imported RLNG or HSFO could add about USD 600,000 a day to foreign exchange outflows, or roughly USD 18 million a month.
Separately, LDPL's chief executive, Altan Waheed Malik, declared an Other Force Majeure Event, saying operations were suspended at 11:06 am on September 17 even though the plant was meeting dispatch requirements. Under the declaration, the company would be excused from its PPA obligations and not liable for non-performance until SNGPL restores gas, and it has pledged to keep CPPA-G informed.
At a glance
- SNGPL disconnected raw gas to the 235-MW plant on September 17, 2026, over non-payment.
- LDPL disputes the Rs24 billion claim and puts its net payable at Rs6 billion.
- LDPL declared an Other Force Majeure Event citing the 11:06 am suspension on September 17.
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Microsoft outage could generate $700 million in insured losses: KovrrBR• 13 Nov 2026
India's October trade deficit hits one-year high of $39.88 billion as gold imports jumpBR• 13 Nov 2026
Gold price per tola loses Rs4,900 in PakistanBR• 13 Nov 2026
PSW, Alibaba.com partner to boost trust in global e-commerce, support Pakistani exportersBR• 13 Nov 2026
Barrick Mining expresses interest in mineral processing industries in Karachi, GwadarDawn• 13 Nov 2026
Fire hits Kohinoor Energy Plant, 7 engines remain operationalMettis• 13 Nov 2026

