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Home Business

KAPCO seeks interim tariff

Daily Dateline Islamabad by Daily Dateline Islamabad
October 25, 2022
in Business
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KARACHI: Kot Addu Power Company (Kapco) has sought an interim tariff that will allow it to continue selling electricity to the government till the regulatory authority awards it a new permanent tariff following extension in its production licence which expired on Monday. The private power generation company has applied to the National Electric Power Regulatory Authority (Nepra) for a new tariff for five years, though the government has renewed production licence for three years.
The company has installed electricity production capacity of 1,600 megawatts with the help of different fuels including natural gas, furnace oil and diesel. More importantly, the company’s plants are running at a strategic location where minimum production is a must to keep the national grid functioning. Besides, it holds the “Black Start” feature, meaning it has the ability to restore the national transmission system in the event of total collapse like that happened a couple of times in the recent past.-PNP

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