Tag: GEPCO

Q2 QTA: Discos seek hike of Rs4/ unit

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power-gride

ISLAMABAD: Power Distribution Companies (Discos) have sought positive adjustment of up to Rs. 4 per unit to recover additional amount of Rs 81.5 billion from consumers for second quarter (Oct-December) of FY 2023-40 under Quarterly Tariff Adjustment (QTA) mechanism. National Electric Power Regulatory Authority (Nepra) is scheduled to conduct a public hearing on February 14, 2024 on the petition of Discos filed by Central Power Purchasing Agency Guaranteed (CPPA-G). Of the total requested adjustment of 81.498 Rs 75. 139 billion is on account of capacity charges to be paid to…

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NEPRA awards 10-Year Licence to PPIB to run power auctions in Pakistan

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Nepra-KE-1

ISLAMABAD: The National Power Regulatory Authority (NEPRA) has granted a 10-year licence to the Private Power & Infrastructure Board (PPIB) to act as an independent auction administrator (IAA) in the country’s power sector. The licence will allow PPIB to implement a competitive market regime, known as the Competitive Trading Bilateral Contract Market (CTBCM), to procure electricity through transparent and efficient bidding. PPIB will be intended to facilitate state-run ex-Wapad distribution companies (XW-DlSCOs)/Suppliers of Last Resorts (SoLR) in meeting their capacity obligations by procuring new capacity and energy to fulfill their…

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20-year licences issued to seven DISCOs

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power-sector

Suppliers of Last Resort licences will remain valid till April 2043 ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued separate licences of the Suppliers of Last Resort (SoLR) to seven electricity distribution companies (DISCOs) for 20 years with retrospective effect, ie, from April 27, 2023. The licences will remain valid till April 26, 2043. “The authority approves the grant of supplier licences to DISCOs (to act as SoLR) in terms of Section 23E and 23F of the Nepra Act on the terms and conditions as set out in…

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Power sector T&D losses surge to Rs520.3bn in FY2021-22

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Matiari-Lahore

ISLAMABAD: Pakistan power sector’s Transmission & Distribution (T&D) losses have risen to Rs520.3 billion with the highest-ever deficit incurred in the Peshawar Electric Power Supply Company (PESCO) to the tune of Rs153.8 billion, in just one financial year. The cash bleeding power sector’s accumulated losses have crossed the defence spending of the country in the last two financial years, and there seems no sigh of relief for masses without undertaking basic and fundamental reforms. The question arises why the board members of these loss-making Power Distribution Companies (DISCOs) are not…

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