National Electric Power Regulatory Authority (Nepra) has agreed to hear petition of two power producers next week for tariff revision and activation of plants, it was learnt here on Thursday.
Notification in this connection has been issued by the power regulator in which all the stakeholders have been asked to submit their objections, if any, within the stipulated period regarding revision of tariff and resumption of power production by the Japan Power Generation Ltd and Southern Electric Power Company Ltd, said sources.
As per stance of owners of both the power plants, Nepra has already accepted point of view of two other power houses including Reshma Power and Gulf Power and allowed electricity generation agreement with the power purchasers and other entities. On the same pattern, the management of Japan Power and Southern Electric had submitted applications, showing their readiness for initiating plant operation. The sources claimed that a legal team of Nepra has accepted that application and issued notification in this regard.
As per Amjad Awan, a CEO of Japan Power having 110MW capacity and Tahir Sattar of Southern Electric Power Company Ltd having 118MW capacity, both plants are ready to start operation after striking their respective revised agreements. They welcomed the decision of the Nepra for accepting hearing applications.
Amjad Awan said that these plants can effectively contribute in meeting the power demands of Lahore and nearby cities. Tahir Sattar said that his company has paid fee of SECP and now there was no outstanding amount against his power plant.
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