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Showing posts from March 20, 2017

Nepra seeks views on induction of CPEC security cost in tarrif By:    Abrar Hamza     21-Mar-17 KARACHI :  The National Electric Power Regulatory Authority (Nepra) has sought views from the general public and stakeholders over the government's decision to induct security costs of $150,000 for the China-Pakistan Economic Corridor (CPEC) projects in power tariffs. Nepra has decided to initiate a suo moto review proceeding seeking views from any interested person and stakeholders who desires to participate in the proceedings. Earlier, the government had decided to recover the cost of security required for upcoming power projects from consumers through monthly bills for the entire 25-30 year life of the projects. However, Nepra had reportedly serious reservations over the government's decision while the authority has now decided to initiate a suo moto review proceedings in order to consider allowing 1 percent of the Capital Cost

This is CPEC This refers to the article, ‘Questions on CPEC’ (Mar 19), by Anjum Altaf. One believes that all experts should give constructive feedback. In our country, we observe two extremes – either excessive support or intense criticism. The criticism in the article nullifies the advantages of the mega project. CPEC is an opportunity that must be dealt with strategically. We need to find a balance and also not find faults or call it a ‘toll collection project’. The project should be analysed through a cost-benefit analysis, estimating the direct and indirect costs, induced benefits, including the retention of skilled labours and avoidable and unavoidable costs. We should not be pessimistic about every other project. We should make the most of every opportunity that comes our way. Saman Hamid Peshawar ***** The article brings serious questions into the limelight. The crucial elements of CPEC are the financial obligations. This comprehensi