Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) is a company incorporated under the Companies Ordinance 1984 (XLVII of 1984) and granted a Corporate Universal Identification No. 0068608 by the Security Exchange Commission of Pakistan. The company was incorporated in the year 2009 after its segregation from National Transmission and Dispatch Company (NTDC), however, it continued its operations under NTDC (as the department of NTDC) till June 2015, when a separate entity was made operational.
As per Rule 5 of the Market Rules, CPPA-G shall be deemed to be authorized and registered as the market operator. Thus, for a period of two years from the commencement of the Rules CPPA-G has, by operation of Rule 5, been deemed to be the market operator and authorized and registered to conduct the market operations for this period.
Therefore, in view of above and in compliance to Rule 3, Sub-Rule (2) of the Rules, CPPA is in the process of filling Registration Application before NEPRA to register as market operator.