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The concessions received by the energy companies were misused, Chairman NepraAchi News

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The concessions received by the energy companies were misused, Chairman Nepra

Islamabad: In the hearing of the application regarding the granting of new licenses or renewal of only 8 electricity substations, the Chairman NEPRA said that the incentives given to the electricity companies were misused.

On the application by Chairman Nepra Tausef H.

During the hearing, the representative of DISCO asked us to renew our license. Chairman Nepara Tausef Faruqi said that the electricity companies have some facilities. Shouldn’t the companies ask for certain facilities during license renewal? Electric companies write this for us.

The representatives of the DISCO requested that the license be extended in its current form. Chairman Nepra said that the electricity companies will not take over the facilities, one option is to get a new license if the company’s license expires. Electric companies have not yet arrived

The chairman Nepra asked whether the power companies can give assurance that they will not take any special agreement in the future, the representatives of the DISCOs said that it is not possible to give a written assurance on the issues related to the sale of electricity. They appeared in court.

Mr. Tasef Faruqi said that we have been given a target to make the power sector better and more sustainable.

The representative of the DISCO said that Nepra is renewing the license of the DISCO in these circumstances, the electricity distribution system of the country is running without rules and they should say that the license of the DISCO has expired.

Chairman Nepra said the companies will not do well unless there is any threat, the concessions received by the electricity companies have been misused, if the companies are providing electricity then why bring CTBCM because of the actions of the companies everyone. Very upset.

The hearing on the application for granting or renewing the new license to the electricity companies has been completed.

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