News Report NEPRA Authority has taken serious notice of consumer complaints against Discos regarding unscheduled load shedding in the country. It warns action against AT&C (Aggregate, Technical and Commercial) electricity-based load shedding in the country. It took notice of electricity load shedding particularly in the areas of PESCO, QESCO, SEPCO, HESCO. The Authority categorically directed DISCOs…
Ibn-e-Ameer The government has made a payment of Rs 134 billion to IPPs following the settlement agreement. CPPA officials informed National Electric Power Regulatory Authority (Nepra) during a public hearing on Tuesday. NEPRA officials raised questions about how much payment the government had made to IPPs during the recent days. CPPA officials informed that the…
Nepra on Friday increased electricity price up to Rs 1.68 per unit to reduce power subsidies. The increase in electricity price will take effect from November 1, 2021. The increase will not be applicable to the consumers using up to 200 units per month. An increase will put more burden of Rs 135…
National Electric Power Regulatory Authority (EPRA) has imposed a 26 million fine on Faisalabad Electric Supply Company (FESCO). The regulator imposed a fine on charges of negligence resulting in fatal incidents during the period July 2019 to January 2021. It had received reports of 17 deaths in different electrocution incidents during this period. …
The National Electric Power Regulatory Authority (Nepra) announced a tariff change for all power distribution companies including K-Electric that will reflect in the bill of electricity consumers in the coming months. FCA for June 2021 CPPA-G requested a positive FCA of Paisa 80.55/kWh for the month of June 2021. It would have an impact on…
Pakistan recorded its highest power generation of 130,223 GWh (14,866 MW) during FY21 up 7% YoY from different power generation sources. The industrial power package government announced in Nov-2020 and the overall pickup in economic activity contributed to higher power generation from different sources. Out of all power generation sources in Pakistan, hydel contributed the…
Ibn-e-Ameer The Economic Coordination Committee (ECC) on Friday approved a plan to make payment of Rs 273 billion loans in the power sector against NTDC, PAEC, Wapda Hydro Electric, and Neelum Jhelum HPP against their receivables. The power sector had obtained loans but it is unable to make payment of these loans. Therefore, the government…
Islamabad: The Cabinet Committee on Thursday approved recovery of IPPs under Power Policy 2002 and renegotiate a deal in line with the advice of the National Accountability Bureau (NAB). NAB had established that these IPPs in Pakitan made billions due to excess payment and called for recovery before proceeding on the deal. It further decided…
Aftab Ahmed The Cabinet Committee on Energy (CCoE) on Thursday approved recovery of Rs 8.36 billion illegal gains by M/S Nishat Chunian Power Ltd owned by business tycoon Mian Mansha. Power Division submitted a summary on Examination, Validation of Process of IPPs Agreement. The Committee after a detailed discussion approved the proposal that the agreements…
Aftab Ahmed Islamabad: National Accountability Bureau (NAB) has held business tycoon Mian Mansha M/S Nishat Chunian Power Ltd in Pakistan for alleged involvement in an illegal gain of Rs. 8.36 billion. The Power Division has approached Cabinet Committee on Energy (CCoE) to revise the master agreements with IPPs under Power Policy 2002 in Pakistan. NAB…