The National Electric Power Regulatory Authority (NEPRA) has evaluated and sanctioned K-Electric’s proposed investment plan with adjustments. NEPRA has approved an investment of Rs392.490 billion for transmission and distribution projects over the next seven years, after reviewing K-Electric’s initial request of Rs484 billion.
The approved investment plan includes allocations for transmission growth projects, maintenance activities, system reliability enhancements, and safety measures within K-Electric’s infrastructure network. NEPRA has also mandated a comprehensive third-party independent audit of K-Electric’s investment plan to ensure transparency and accountability.
This decision underscores NEPRA’s commitment to regulating the energy sector effectively and ensuring sustainable development in Pakistan’s electricity infrastructure. The approved investments aim to address the challenges faced by K-Electric in maintaining a reliable and efficient electricity supply for consumers across its service areas. Furthermore, NEPRA’s decision reflects a balanced approach, considering both K-Electric’s operational requirements and the broader interests of consumers and stakeholders in the energy sector.
The regulatory oversight provided by NEPRA will help monitor the implementation of the investment plan and assess its impact on enhancing the resilience and performance of K-Electric’s electricity network. Overall, NEPRA’s approval of K-Electric’s investment roadmap marks a significant step towards fostering growth and stability in Pakistan’s energy sector.