ISLAMABAD:
The Power Division has expressed serious concerns over the seven-year Multi-Year Tariff (MYT) decision recently issued by the National Electric Power Regulatory Authority (NEPRA) for K-Electric, warning it could have far-reaching financial and policy implications.
In a statement issued on the social media platform ‘X’ on Wednesday, the minister said the ministry has observed some serious concerns regarding NEPRA’s multiple decisions about K-Electric’s licenses for generation, transmission, distribution and supply, adding that these decisions also touch upon the investment plan for the upcoming multi-year tariff period.
Additionally, he cautioned that if certain areas were not addressed, they could negatively impact consumers and the regulatory environment, potentially hindering Pakistan’s efforts to encourage private participation in the distribution sector.
