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NEPRA Approved K-Electric Power Acquisition Plan to Develop Capacity Expansions

admin-augaf by admin-augaf
May 20, 2024
in Business, Finance
Reading Time: 1 min read
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Karachi May 20 2024: K-Electric Limited announce that the National Electric Power Regulatory Authority (NEPRA) has approved KEL’s Power Acquisition Programme (PAP) for the period FY 2024 to FY 2028.

KEL had applied to NEPRA for approval of PAP for the period FY 2023-24 till FY 2029-30 on 20 March 2023, in compliance with the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 and NEPRA (Electric Power Supplier) Regulations, 2022 and the NEPRA (Electric Power Procurement) Regulations, 2022.

The key objective of KEL’s PAP is to develop a long-term capacity expansion plan to meet the energy demand in a reliable, sustainable and cost-effective manner as the Supplier of Last Resort (SoLR) for its licensed service territory

Tags: KEL
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