PRIVATE POWER & INFRASTRUCTURE BOARD

 

GOVERNMENT OF PAKISTAN

MINISTRY OF WATER & POWER

 
  PPIB  
 

 

The Private Power and Infrastructure Board (PPIB) was created in 1994 as "One Window Facilitator" to promote  private sector participation   in the power sector  of Pakistan.   PPIB facilitates investors in establishing private power projects and related infrastructure, executes  Implementation Agreement (IA) with Project Sponsors and issues sovereign guarantees on behalf of Government of Pakistan

FUNCTIONS  OF PPIB
  • to implement the power policies, award projects to sponsors or private power companies, prepare all necessary or appropriate documentation, execute any of such documentation with private power companies, their sponsors, lenders and, whenever necessary or appropriate, other interested parties;

  • to recommend and facilitate development of power policies;

  • to take decisions on matters pertaining to  power and related infrastructure projects set up by private sector or through public-private partnership, and other  issues pertaining thereto;

  • to coordinate with the Provincial Governments, local governments,  Azad Jammu and Kashmir (AJ and K) and regulatory bodies in implementation of the power policies, if so required;

  • to coordinate and facilitate the sponsors in obtaining consents and licences from various agencies of the Federal Government, provincial governments, local governments and AJ and K;

  • to work in close coordination with power sector entities and play its due role in implementing power  projects in private sector or through public-private partnership as per power system requirements;

  • to function as a one-stop organization on behalf of the Federal Government and its Ministries, Departments and agencies in relation to private power companies, their sponsors, lenders and whenever necessary or appropriate, other interested parties;

  • to draft, negotiate and enter into security package documents or agreements and guarantee the contractual obligations of entities under the power policies;

  • to execute, administer and monitor contracts;

  • to prescribe and receive fees and charges for processing applications, and deposit and disburse or utilize the same, if required;

  • to obtain from sponsors or private power companies, as the case may be, security instruments and encash or return them, as deemed appropriate;

  • to coordinate with the provincial governments and regulatory bodies in implementation of the power policies, if so required;

  • to act as agent for development, facilitation and implementation of power policies and related infrastructure in the Gilgit Baltistan areas and AJ and K;

  • to open and operate bank accounts in local and foreign currencies as permissible under the laws of Pakistan;

  • to commence, conduct, continue and terminate litigation, arbitration or alternate dispute resolution mechanisms at whatever levels may be necessary or appropriate, and hire and pay for the services of lawyers and other expertrs therefor;

  • to perform any other function or exercise any other power as may be incidental or consequential for the performance of any of its functions or the exercise of any of its powers, or as may be entrusted by the Federal Government.

 
 
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