CPEC security cost

The status quo is getting changed with each passing day. Now, consumers will bear brunt of added security cost which was part of the tariff in the past. NEPRA approved the policy directive of the ECC to allow 1 % of the capital cost to pay for security expenses. This shows a change in the relationship between the regulator and the government. First, this calls NEPRA into question to take suo motu without requiring the government to submit a petition. Second, NEPRA permitted to cover it from public funds when security comes into government responsibility. This exhibit NEPRA’s change in priority to serve bureaucratic self- interest rather than to vouchsafe consumer interest. Third, the measures do not serve the special treatment of IPPs because security costs would not be part of the tariff. The reference of CPEC security force and its payment shows the IPPs are not protected. Thus, this determination has added new costs of CPEC power projects which will bear by consumers itself.


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