Public sector Gencos accused of showing worst-ever performance

National Electric Power Regulatory Authority (Nepra) has accused public sector power generation companies (Gencos) of showing the worst-ever performance in three years i.e. 2012-2013 and 2014, causing billions of rupees financial loss to the national exchequer as CPPA-G purchased energy from RFO – power plants at Rs 19.1 and Rs 19.7 per unit and kept gas-based power plants on a standby mode.

Published in Business Recorder, 14th April, 2017