SNGPL warns of possible international default as power sector dues reach Rs169.27 billion

Sui Northern Gas Pipelines Limited (SNGPL) has told power-sector agencies that Rs169.27 billion in unpaid bills is straining its cash position and could affect payments to gas suppliers, Profit by Pakistan Today reported. The arrears include gas bills, RLNG tariff adjustments, take-or-pay liabilities, GIDC and late-payment surcharges.

Gas-fired power plants account for Rs67.268 billion of the total, WAPDA-operated plants Rs63.548 billion and independent power producers Rs38.454 billion. SNGPL said delayed fund releases by CPPA-G and slow payments from individual plants had contributed to the buildup. It warned that further delays could affect PSO and PLL’s ability to pay for imported RLNG, and asked officials to help secure payment; SNGPL also said it could use contractual recovery provisions if dues remain unpaid.