It further noted the agreement on the sale of shares signed between VIP Engineering and PAP, which has committed itself to paying off all legitimate creditors of IPTL, expand the plant to about 500 MW and sale power to Tanesco at a tariff of between US cent six and eight per unit.
Mheshimiwa Spika, Kamati imepitia Mkataba wa mauzo ya Hisa kati ya Kampuni ya PAP na VIP na kuthibitisha kuwa Waziri wa Nishati na Madini Mheshimiwa Prof. Sospeter Muhongo (Mb) ndiye alikuwa kiungo kati ya Bw. Harbinder Singh Sethi wa IPTL na Ndg. Rugemalira wa VIP (Kiambatisho Na. 16).