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Additional 8B Write-off KE Claims hearing on 17.4.25 & your action

17 April 2025

Author: Asif S Kasbati (FCA, FCMA & LLB)

From: Asif Siddiq Kasbati <asif.s.kasbati@professional-excellence.com>
Date: Wed, Apr 16, 2025 at 3:24 PM
Subject: PGEC168= Additional 8B Write-off KE Claims hearing on 17.4.25 & your action

POL, Gas & Electricity Quick Commentary - PGEC 168

 

A.   Background

 

1.   This refers to the Important PGECs in trail, blue, italic and after double line  (a) 148 of 16.12.24 about KE 68B Write-Off Claims will be charged from Your Entity & U (b) 146 of 6.12.24 about KE Huge Write-off Claims Hearing now on 10.12.24 - Urgent Action 

 

 

2.   We also refer to several Other PGQCs including (a) 161about Can Electricity bills be Reduced? Without your Actions (b) 140 of 21.11.24 about Huge 7 years' Write-Off - KE planned charging you - Action by 28.11.24 (c) 129 of 18.10.24 about Five + 18 Power Companies Agreement Termination & Jamaat, etc. efforts for U (d) 118 of 30.8.24 about KE FCA Bomb of Rs 37.75 for May-June 2024 per NEPRA order in upcoming bill and Jamaat –e-Islami

 

B.   Updated Commentary

 

1.   Further to KQU 3313 of 9.4.25, being an important matterwe would inform you about Notice of Hearing - Additional Write-off Claims of K-Electric (Attachment 168.1) Additional Write-off Claims of K-Electric  (Attachment 168.2) consists of 6 pages.

 

2.   In continuation to the hearing dated 10.12.24, all stakeholders, interested/affected persons and the general public are hereby informed that KE has filed additional write off claims of Rs 8.131 billion pertaining to the billing of MYT 2017-2023 in addition to the already requested amount of Rs. 67.902 billion.

 

3.   The Authority has decided to hold a hearing in the matter of additional write-off claims as per following schedule

 

§  Date: 17.4.25

§  Time: 2PM

§  Venue: NEPRA Tower, G/5-1, Islamabad

§  Zoom Link: https://us02web.zoom.us/j/84363634796

§  Meeting ID: 843 6363 4796

 

4.   In addition to the issues already framed and discussed during the hearing dated 10th December 2024, following issues have been framed for the hearing:

 

i. Whether the request of KE to file additional write-off claims pertaining to MYT 2017-2023 is justified?

ii. Whether the criteria stipulated for write-off claims has been fulfilled?

iii. Any other issue that arises during the proceedings with the approval of the Authority.

 

5.   All communications shall be addressed to: NEPRA Tower, Attaturk Avenue (East), G-5/1, Islamabad Phone: 051-2013200 Fax: 051-2600021, Email registrar@nepra.org.pk

 

C.   Multiplication

 

1.  Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this PGEC for the Noble Cause to Impart Knowledge, so as to save Electricity usage by your Entity, Home, Masjids, etc leading to less Units usage bill and all Professionals & Masses may make issue as to THREE matters are being charged to Good Payers viz (aCapacity Charges, etc  (b) Why Line Losses (including for Govt, KE & XWAPDA DISISCOs employees and theft) (c) Why write off is planned to be charged to good payers and Bribery as to increase in Tariff (d) A huge counter effect of 4 Federal Sales Tax types.

 

2.   If Public support continues with Invitation to your friends & relatives to be a part of this great struggle based on regular increase in Jamaat e Islami membership form being filled, then 5 announced and 18 IPPs will announce Termination Agreement and prices will be reduced. Have your Goodself, family, friends filled the Online Form?  It would be in the Interest of Justice and Public interest at Large that now DISCOS like KE & XWAPDA should reduce prices, if we keep pressure on them and Govt.

 

3.  Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this PGEC for the Noble Cause to Impart Knowledge, so as to save Electricity usage by your Entity, Home, Masjids, etc leading to less Units usage bill and all Professionals & Masses may make issue as to are being charged to Good Payers. 

 

(a) Capacity Charges, etc

(b) Why Line Losses (including for Govt, KE & XWAPDA DISISCOs employees and theft) and Bribery as to increase in Tariff 

(c) Govt Saving of Rs 1.4 billion

(d) A huge counter effect of 4 Federal Sales Tax types.

 

4.  We expect that you would support and be a Member of the JI, whose workers are taking risks and working in your Favour; and Against Unreasonable Prices due to Capacity, Line Losses, etc; and will atleast multiply. 

 

5.  Otherwise, be ready for constant increases in Electricity Bills with different methods, inspite of Govt claims of New Agreement and Saving, only minor portion is transferred so far out of savings of Rs 4 Trillions.

 

D.   Further Details & Services

 

Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com.


 

Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner 

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

Quick Commentary Service Provider and High Level 440+ Tax & Levies Laws Consultants) 

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