Transparency International (TI) Pakistan has written a letter to National Electric Power Regulatory Authority (Nepra) to highlight allegation of Rs 1.50/unit hike in the upfront tariff of the coal power plants and lucrative incentives for installation of coal power plants in the country.
TI said that by revising the capital cost of Coal Power Projects by US $400,000/MW, Nepra had caused additional expenses of Rs500 billion on 13,000 MW Coal Power Plants at the cost of consumers.
“This alleged illegal act of Nepra may result in declaring the May 20, 2014 Revision in the Determination of Upfront Tariff Based on Coal as null and void, as the NEPRA Act 1997 does not empower four members to sanction any exemption, as it may open hundreds of such exemptions in future,” it said.
Published in The Express Tribune, September 16th, 2014.
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