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Nepra Approves Dollar-Linked Returns for K-Electric, Sparks Backlash
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Nepra Approves Dollar-Linked Returns for K-Electric, Sparks Backlash
The National Electric Power Regulatory Authority (Nepra) has approved a 14% dollar-based return on equity (RoE) for K-Electric’s distribution business. This translates into a hefty 29.68% return in Pakistani rupees for the fiscal year 2023-24. Nepra also sanctioned a 12% dollar-denominated RoE for K-Electric’s transmission segment. In local currency, this amounts to a 24.46% return for the same fiscal year. Govt, Industry Oppose Move The Ministr…
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