Friday, December 05 2025

SNGPL says receivables hit alarming level of Rs114.287bn
Sui Northern Gas Pipelines Limited (SNGPL) has revealed that it is facing grievous liquidity issues due to an alarming level of outstanding dues of Rs 114.287 billion against the power sector, official sources told Business Recorder. “Power plants have shown their inability to pay outstanding dues to SNGPL due to non-release of amounts by CPPA-G and requested SNGPL to take up the matter with relevant quarters for early resolution of current situation. Currently, a huge amount is receivable from power sector due to which SNGPL is facing severe financial crisis and unable to full its commitments towards upstream gas suppliers,” said General Manager (Recovery) SNGPL. According to the company, out of Rs 165.256 billion, receivables against Guddu Power stood at Rs 30.485 billion, Nandipur Rs 15.716 billion, TPS Muzaffargarh Rs 1.436 billion, GTPS Faisalabad, Rs 2.267 billion, GTPS ShahdraRs 214 million, SPS Faisalabad Rs 86 million, NGPS Multan Rs 57 million, totaling to Rs 50.261 billion against Wapda’s power plants of which Rs 14.682 billion are on account of gas charges, Rs 3.056 billion RLNG tariff actualization charges, Rs 311 million GIDC (including LPS) and Rs 32. 212 billion are LPS (gas charges).
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