Nepra upholds Rs10m penalty on NTDC
LAHORE: The National Electric Power Regulatory Authority (Nepra) has rejected a review petition challenging imposition of a hefty fine of Rs10 million on the National Transmission and Despatch Company (NTDC) for supplying of 650MW electricity to K-Electric without execution of the power purchase agreement and approval of tariff from the authority.
Earlier on Jan 25 this year, the regulator had issued show-cause notice besides imposing a fine of Rs10m on the NTDC. However, the company challenged the authority’s decision during first week of February and later submitted additional grounds/arguments for incorporating these in the main review petition on March 19.
Published in Dawn, 21st July, 2018