National Electric Power Regulatory Authority

Nepra member Amina Ahmed challenged financial inconsistencies in the National Grid Company's (NGC) Rs332bn three-year revenue requirement approval, citing misclassification of Rs19bn payable to CPPA as a loan and untransferred assets affecting equity calculations. The regulator approved lower revenue than NGC's requested Rs478bn, with increasing use-of-system charges for FY23-FY25.

Korea South-East Power Co. Ltd (KOEN), a South Korean state-owned energy firm, alleges Pakistan's government has unfairly stalled its $1 billion hydropower investment plans. The company claims regulatory delays in tariff determination by the National Electric Power Regulatory Authority (Nepra) have blocked progress on two projects in Khyber Pakhtunkhwa's Swat River for over three years, despite meeting all requirements.

Power companies requested a Rs1.20 per unit fuel cost adjustment for August, citing increased expenses from imported fuels like Regasified Liquefied Natural Gas (RLNG) and furnace oil. The National Electric Power Regulatory Authority (Nepra) will hold a public hearing to review the request, which could add Rs15.7 billion to consumer bills if approved.

Nepra reduced electricity charges by 80 paisa per unit in June and Rs1.99 per unit for July and August, providing a net financial relief of Rs56 billion to consumers. The adjustments resulted from concurrent fuel cost and quarterly tariff revisions, impacting all consumer categories except lifeline, prepaid, and EV charging stations.