The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs. 50 million on Central Power Generation Company Limited (CPGCL) for submitting false filings that affected electricity rates for consumers.
According to a national daily, CPGCL’s Guddu Thermal Power Station procured a gas booster from Engro Corporation at no cost but included over Rs. 1.24 billion in tariff charges for it, failing to disclose the true details. NEPRA’s investigation revealed that CPGCL had acquired the gas booster compressor station (GBCS) from Engro without any cost, yet did not disclose this in their filings.
The regulator also found that this transaction was not cleared by the Economic Coordination Committee (ECC). Despite CPGCL’s claims of having ECC approval, no valid documentation was provided to support this assertion.
In addition to the fine on CPGCL, NEPRA has issued show-cause notices to the Central Power Purchasing Agency (CPPA) and the National Transmission and Despatch Company (NTDC).
These notices pertain to violations of rules following the signing of operating procedures and black-start agreements with multiple power producers after the nationwide blackout in January 2021. These entities could face fines of up to Rs. 200 million for these violations.