NEPRAAIAug 3, 2026
NEPRA Member Files Dissent on Rs332bn National Grid Revenue Approval
NEPRA's tariff and finance member Amina Ahmed has filed a dissenting note against the regulator's 2-1 majority approval of Rs332 billion in revenue for the National Grid Company covering FY2022-23 to FY2024-25. Her key objection challenges the accounting treatment of over Rs19 billion in CPPA liabilities, which she argues was incorrectly reclassified as a loan, distorting NGC's equity base and the permissible return allowed to the company.
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