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World Bank flags delays in NTDC contract approvals, warns of project risks D_Trends

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World Bank flags delays in NTDC contract approvals, warns of project risks D_Trends

The World Bank has raised concerns over delays in the approval of contract extensions for the National Transmission Modernisation Project-1 (NTMP-1), cautioning that these delays could lead to project implementation issues and legal complications.  According to a news report, the global bank emphasised that prolonged delays might result in work being conducted outside the necessary … Read more

NEPRA flags Rs596 billion in losses due to Discos’ inefficiencies  D_Trends

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NEPRA flags Rs596 billion in losses due to Discos’ inefficiencies  D_Trends

Losses incurred by the power distribution companies (Discos) due to their inefficient transmission and distribution system (T&D) increased by 18.31% in FY24, up from 16.84% in the previous fiscal year, exceeding the allowed average target of 11.77% by 6.54%. This breach contributed approximately Rs276 billion to the circular debt. The National Electric Power Regulatory Authority … Read more