The National Electric Power Regulatory Authority (Nepra) conducted a heated public hearing on Thursday regarding K-Electric’s (KE) petition for an additional Rs8.13 billion in write-offs, part of a broader Rs76 billion claim for recovery-related losses spanning from 2017 to 2023.
Chairing the session, The News reported, Nepra’s chairman led discussions probing KE’s justification for the write-offs and the transparency of its audit practices.
KE CEO Moonis Alvi emphasised the company’s compliance with “all regulatory requirements”, stating that the new request adds Rs8 billion to the earlier Rs67 billion already submitted.
He, during the hearing, also defended the legitimacy of the claims, emphasising that the audit was conducted by a “globally recognised firm known for its independence and adherence to international standards”, a statement from the power supply company added.
