The National Electric Power Regulatory Authority (NEPRA) conducted a public hearing today on KE’s 7-year investment plan in transmission and distribution. The hearing was held in Islamabad with many attendees joining virtually as well.
KE management shared details of the plan and projects being undertaken over the next control period from FY2024 to FY2030, valued at approximately PKR 484 billion. While responding comments from the audience, KE leadership stated that the investment plan has been conceived with a vision to balance affordability, availability and sustainability of power supply.
It aligns with the developments in the power sector including the implementation of the competitive markets framework and the culmination of exclusivity for power distribution companies.
In this regard, KE has filed for a non-exclusive license with the regulator late in December 2022.The hearing was attended by a wide range of stakeholders representing industries and community leaders alike. Key themes discussed were the projects being undertaken to drive growth and reliability in KE’s transmission and distribution network, the projected growth in demand within the utility’s operational territory, and planned technological interventions to further improve the quality and reliability of the service.Participants also shared their comments on KE’s performance since privatization. Queries included the Karachi based electric utility’s future investments including making power affordable for all, incentivizing foreign and local stakeholders to further invest in the power sector, while others shared that the company’s services have improved since the company’s privatization. Participants also suggested keeping ground realities in mind when setting the future T&D losses and recoveries targets to ensure a sustainable power supply to the city.
