Dar es Salaam, April 29 -- DAR ES SALAAM: THE Independent Power Tanzania Limited (IPTL) has refuted reports claiming that plans were afoot for the company to be paid 1.8tri/- by the government in settlement of commercial dispute.

In its statement issued on Sunday, the IPTL dismissed the reports as misleading and meant to tarnish image of the company and its Executive Chairman, Mr Harbinder Singh Sethi.

According to the statement, the management of IPTL through its lawyer, Mr Leonard Manyama, said that at different times the reports appeared on media to mislead the public against IPTL.

“The reports are full of lies, fabrications and aimed at defaming IPTL, the Pan Africa Power Solutions Company (T) Limited (PAP), which is a shareh...