New Delhi, Jan 23 (IANS) Pakistan’s National Electric Power Regulatory Authority (Nepra) has released a damning report on the performance of the country’s power sector.Nepra noted that distribution companies continued to suffer from poor governance with transmission and distribution losses exceeding allowable limits, low bill recovery and load-shedding based on Aggregate Technical and Commercial losses. Reference was also made to Debt Service Surcharge sourced to poor governance of the power…
Latest NEPRA News & Updates
New Delhi, Jan 22 (IANS) Pakistan’s power sector is facing a deep crisis with consumers being made to pay huge electricity bills amidst frequent outages, with reports emanating from the Pakistan media attributing the mess to misgovernance, corruption, underinvestment, and an unpredictable policy.”Pakistan’s electricity sector is structurally broken. Nepra’s latest review of the national transmission system reads like an indictment of prolonged neglect. One of the largest transmission networks …
New Delhi, Jan 22 (IANS) Saudi and Kuwaiti investors holding a 30.7 per cent indirect stake in Karachi-based power utility K‑Electric have filed a $2 billion international arbitration claim against Pakistan, alleging regulatory interference and unpaid government dues, a report has said.The investors also alleged prolonged blocking of a $1.77 billion sale of the country’s largest private power utility, according to a report from Profit by Pakistan Today.The arbitration case lodged on January …