ISLAMABAD: Karachi Electric (KE) has warned the Power Division that notification of its consumers end tariff determined by Nepra on federal government’s request will be considered a violation of Sindh High Court’s (SHC’s) orders.

This has been conveyed by the Counsel for KE to Secretary Power Division in a letter dated July 26, 2018, a copy of which has also been sent to Chairman National Electric Power Regulatory Authority (Nepra).

KE’s management is unhappy with the federal government for creating hurdles in the purchase of 66.4 percent stake at a price of $ 1.77 billion between M/s Abraaj of Dubai and China’s M/s Shanghai Electric Power (SEP).

Published in Business Recorder, 29th July, 2018

https://epaper.brecorder.com/2018/07/29/1-page/730305-news.html