Nepra tasked to probe IPPs performance, payments amid surging electricity costs

ISLAMABAD: A parliamentary committee on Tuesday directed the National Electric Power Regulatory Authority (Nepra) to conduct comprehensive investigations into the performance of Independent Power Producers (IPPs) as well as capacity payments, energy payments, and extensions granted to these IPPs.

Directions were also issued to Nepra to submit a detailed comparative report to the committee.

Parliamentarians expressed serious concerns over the rising cost of electricity and took notice of alleged over-invoicing, extensions beyond agreed timelines, and the absence of an effective mechanism for periodic verification of actual generation capacity by the regulator.

Nepra briefed the committee regarding tariff determination, capacity payments, energy payments to IPPs and extensions granted to IPPs beyond the expiry of their contractual terms.

Panel wants halt to reported appointments of PAOs from private sector

Panel wants halt to reported appointments of PAOs from private sector

The committee also took up the prolonged delay in approval of 11 kV vacuum circuit breakers. Nepra informed the committee that a decision is expected by the end of the current month. However, the committee deferred further discussion and directed that all relevant stakeholders be invited to the next meeting.

The meeting of the Senate Standing Committee on Cabinet Secretariat was presided over by Senator Saleem Mandviwalla to deliberate on a wide range of matters relating to civil service reforms, governance, regulation, and institutional transparency.

Members of the committee discussed a calling attention notice regarding the government’s reported decision to........

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