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Home Business NEPRA concludes hearings into quarterly adjustment of DISCOs

NEPRA concludes hearings into quarterly adjustment of DISCOs

by News desk
June 16, 2022
in Business

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The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearings into quarterly adjustment for the third quarter of WAPDA power distribution companies (DISCOs) and reserved its judgment.

The hearing was presided over by Chairman NEPRA Tauseef H. Farooqi while member Khyber Pakhtunkhwa Engineer Maqsoos Anwar Khan was also present.

The regulator observed the DISCOs have not provided complete statistics. The regulator was told that the total recoveries of DISCOs fluctuated between 80-85 per cent and the remaining un-recover amount was being parked at circular debt.—APP