RPPs return advance money

ISLAMABAD: Two rental power plants Naudero-II and Guddu Power Projects have deposited Rs 2.25 billion in the bank and presented the receipts before the Supreme Court of Pakistan, Geo News reported Wednesday.

Earlier today, counsel of power companies told the SC that companies will return the advance payment today.

Chief Justice Iftikhar Muhammad Chaudhry while hearing the case of Rental Power Projects (RPPs) remarked that the spent money was nation's wealth and every one should consider the same.

It may be pertinent to mention here that Chief Justice directed the companies on Tuesday to return the payment along with mark up which had been taken in advance over Naudero-II and Guddu power projects.

Later, the hearing was adjourned till 14th December.