Islamabad:
The Energy Division has expressed serious concerns about the decision of the multiple years of multiple years (MYT) recently issued by the National Regulatory Authority of Electric Energy (NEPRA) for K-Electric, warning that it could have financial implications and high-reach policies.
Power Federal Minister Awais Leghari warned that such determinations could negatively affect investment in future MyT periods.
In a statement issued on the Social Network Platform ‘X’ on Wednesday, the minister said that the Ministry has observed some serious concerns regarding the multiple Nepra decisions about K-Electric licenses for the generation, transmission, distribution and supply, adding that these decisions also touch the investment plan for the next multiple rate period of years.
“These resolutions have significant long -term effects on consumer rates and federal government subsidies within a uniform tariff regime.” He revealed that the Ministry planned to review the recently issued determinations related to transmission, distribution and supply. Meanwhile, a reconsideration of the decision of the previous generation rate was waiting for Nepra’s attention, despite being presented in December 2024. “This delay raises serious financial implications for the electricity sector and its subsidies.”
In addition, he warned that if certain areas were not addressed, they could negatively affect consumers and the regulatory environment, potentially hindering Pakistan’s efforts to encourage private participation in the distribution sector.
