GNN on Google Play Store GNN on Apple App Store
Connect with us

Business

Central Power Generation Company fined Rs50 million for violating rules

It will pay penalty to NEPRA within 15 days

Published

1 month ago

on

By

Central Power Generation Company fined Rs50 million for violating rules
Central Power Generation Company fined Rs50 million for violating rules

Islamabad: National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs50 million on the Central Power Generation Company for violating the rules.

In its decision, NEPRA wrote that the Central Power Generation Company acquired the gas booster compressor station from Engro Fertilizer free of charge and transferred it to the Northern Power Generation Company for Rs1.24 billion.

The rules were violated in this sale and purchase process. Central Power Generation Company will pay penalty to NEPRA within 15 days.

Continue Reading

Trending