SHC extends stay on NEPRA decision in K-Electric base tariff case

Wait 5 sec.

KARACHI: The Sindh High Court (SHC) on Wednesday extended stay on National Electric Power Regulatory Authority’s (NEPRA) decision on K-Electric tariff case, ARY News reported.As per details, the SHC bench continued hearings on petitions filed against the reduction in K-Electric’s tariff here today.Advocate Kashif Hanif submitted his power of attorney on behalf of the petitioners in Karachi.During the hearing, K-Electric’s counsel argued that NEPRA issued its October 20 decision on a petition filed by a party that was not an actual stakeholder.He added that NEPRA dismissed the review petitions and set the tariff at Rs32 per unit.K-Electric’s lawyer warned that if the federal government issues a notification enforcing the new tariff, the company would face heavy losses, potentially forcing a shutdown of operations.He further contended that NEPRA, while exercising suo moto powers during the review process, failed to issue notices to the concerned applicants.After completion of the arguments, the SHC extended the existing stay order against NEPRA’s decision and adjourned further proceedings until December 10.It is to be noted that the SHC has already barred NEPRA from taking any action against K-Electric regarding the tariff issue.