The Private Power Infrastructure Board (PPIB) has approved the name of law firm M/s Howard Kennedy for representing the government of Pakistan in LCIA Arbitration in M/s Star Hydropower Limited (SHPL) case
The expense of law office will be £230,000 while charge of advodate will be concluded by the Principal legal officer Office, the sources added.
As of late, MD PPIB, Shah Jahan Mirza advised the Board that Star Hydro Power Restricted (SHPL) and NTDC went into disagreement regarding defer in establishment of Power Buyer Between Association Office by NTDC.
The two players recorded counter arbitral cases against one another before LCIA, wherein NTDC's case was excused and it was tracked down in break of terms of PPA in making installment of exchanged harms. From there on, SHPL documented case under the watchful eye of Lahore High Court for
implementation of the Honor, though NTDC as a counter procedure tested the Honor in Common Court Lahore and the two cases are forthcoming under the steady gaze of the particular Courts.
In the mean time, SHPL raised interest for installment of Grant from NTDC and CPPA-G, which was dismissed by CPPA-G. Thusly, SHPL served request notice upon PPIB under segment 1 .5.1 of Assurance, which was dismissed by PPIB on grounds that it was illogical under the relevant laws of Pakistan
