ISLAMABAD: A high-level panel, chaired by Finance Minister Senator Muhammad Aurangzeb, has directed the National Electric Power Regulatory Authority (NEPRA) to finalize its determinations on K-Electric’s (KE) distribution and transmission tariffs, as well as the writ-off matters, within a maximum of four weeks, well-informed sources told Newzshewz.
The panel also included Minister for Power, Awais Leghari, Minister for Economic Affairs, Ahad Khan Cheema, SAPM on Power, Muhammad Ali, National Coordinator Power Task Force, Lt. General, Zafar Iqbal, who negotiated revised deals with IPPs, National Coordinator SIFC Lt Gen Sarfraz Ahmed , Secretary SIFC Apex Committee, entire Authority of NEPRA, Chairman SECP and CEO CPPA-G deliberated on the following outstanding issues of KE ;(i) generation tariff; (ii) transmission, distribution and supply tariff; (iii) KE’s write-off claims of Rs 68 billion; (iv) KE’s shareholding dispute between Al-Jomaih and Asia Pak; and (v) mediation agreement with government departments by Ashtar Ausaf.
The meeting had been organized by the Special Investment Facilitation Council (SIFC) which is making is all out efforts to attract investment from Saudi Arabia. The issue of KE always come under discussion whenever the Prime Minister or any other dignitary visits Saudi Arabia or any Saudi delegation visits Islamabad for investment purpose
” NEPRA is working on distribution and transmission tariff and write off matter of KE and is advance stages and will decide all issues in next 4 weeks,” said sources.
Responding to another question, the sources further stated that generation tariff has already been issued by NEPRA. They are reviewing the comments raised by the Ministry of Energy (Power Division) and will get back to Ministry on that soon. Another participants said that about 70 per cent working on Power Division’s letter about KE’s generation tariff is completed.
The NEPRA Authority also shared its views on the pending matters of KE and update position. Some questions were also asked to the Authority members on these matters.
Answering to another question, the sources said ” as for the shares dispute, SIFC is coordinating that with both parties and they have been asked to resolve it between them,”.
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