The current market structure is single buyer. CPPA-G has been given the mandate from NEPRA and GoP to facilitate the power market in its gradual transition from the current Single Buyer Model to the Competitive regime.
WITHDRAWAL OF MARKET PARTICIPANT:
The participation of a Market Participant will end only under the following conditions:
(i) For a generator, participation can only end if PPA expires or end due to default ending up in termination; and
(ii) For a distribution company, participation is subject only to provisions in PPAA while the agency agreement remains valid and effective, participation cannot end.
Notwithstanding the above, the Market Participant shall remain liable for all its obligation: and liabilities as a Market Participant that incurred or arose prior to the date of withdrawal.