Overview
- CPPA-G told the NEPRA public hearing that it executed a Rs930 billion Shariah-compliant Islamic financing meant to reduce Pakistan’s power-sector circular debt and enable settlements with generators.
- The agency has asked NEPRA to allow it to delay filing a Multi-Year Tariff (MYT) petition until FY2027-28 and simultaneously seeks a 38% increase in its service fee to Rs14.47 per kW per month for FY2026-27.
- Industry participants and NEPRA members challenged key assumptions in CPPA-G’s petition, disputing the lower demand base used to calculate fees and arguing that any fee rise would be passed directly to consumers.
- NEPRA raised governance concerns about CPPA-G’s recent hiring, directed the agency to provide employee lists to verify compliance with constitutional quota rules, and asked for details on costs still being charged after the market-operator function moved to ISMO.
- CPPA-G said its measures delivered consumer relief and negotiated savings, but NEPRA’s rulings on the fee petition, the MYT timing, ISMO cost allocation, and any required adjustments remain pending and will determine how much consumers ultimately pay.