Discos found purchasing power outside national grid at exorbitant rates

Discos found purchasing power outside national grid at exorbitant rates

ISLAMABAD: Amid public outcry over expensive power and excessive loadshedding, the government on Wednesday announced that it had unearthed expensive power purchases by distribution companies (Discos) outside the national grid at exorbitant rates in violation of the economic merit order. According to an official statement, the Discos were purchasing electricity from small power producers (SPPs) and captive power plants (CPPs) through bilateral contracts at higher rates than the national tariff...

By none@none.com (Khaleeq Kiani)