K-Electric’s CEO Moonis Abdullah Alvi has said that any ‘knee-jerk’ modification by Nepra in distribution license of KE – would badly jeopardize its medium and long-term investment plans. Alvi said any modification/changes [in its distribution license] would be considered as a breach of agreement with the govt. of Pakistan. KE would be left with no option but to approach the Supreme Court (SC) against the move, he said adding the Nepra appellate tribunal has not been constituted yet despite the apex’s court directives.
15/20/2020