ISLAMABAD: The National Electric Power Regulatory Authority member (tariff and finance) has questioned regulatory and accounting inconsistencies of the national grid’s recently-cleared revenue requirement of Rs332 billion, citing what she described as the ‘mirror image’ of receivables and non-transferred assets. Nepra member Amina Ahmed pointed out the financial inconsistencies in a detailed dissenting note on a recent 2-1 majority ruling of the regulator, approving a three-year combined revenue requirement for National Grid Company (NGC) at Rs332bn for FY2022-23, FY2023-24 and FY2024-25 for incorporation into consumer-end tariffs through use-of-system charges (UoSC) The NGC (formerly…
Inconsistencies in Rs332bn grid revenue flagged
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