Fuel Price Adjustment - Islamabad High Court

More documents

Recommendations

Info

W.P No.2972/2011 Page 50 of 67development andcapital investmentprograms costs oflicensees;c) Encourageefficiency inlicensees operationsand quality ofservice;d) Encourageeconomic efficiencyin the electric powerindustry;e) Keep in view theeconomic and socialpolicy objective ofthefederalgovernment; andf) Determine tariff soas to eliminateexploitation andminimize economicdistortion(3)- The proceduresestablished under subsection(1) shall includea)Time frame fordecisions by theauthority on tariffapplications;b) Opportunity forcustomers andother interestedpartiestoparticipatemeaningfully in thetariff approvalprocess; andc) Protection forrefund, if any. Tocustomers whiletariff decision ispending(4)- Notification of theAuthority’s approved tariff,rates, charges and otherterm and conditions forthe supply of electricpower services bygeneration, transmissionanddistributioncompanies shall be made,in the official gazette bythe federal governmentupon the intimation by theAuthority; Provided thatthe federal governmentmay, as soon as may be,but not later than 15 daysof receipt of Authority’sintimation, require theAuthority to consider itsdetermination of suchtariff, rates, charges andother terms and conditionwhereupon the AuthorityIn sub-section (4), -i. For the word“Authority:”, at theend, the words,brackets, figureand letter “Authority withinperiod of 15 days ofsuch intimationexcept where thefederal governmentrefers the matter tothe Authority forreconsiderationunder sub-section(4A)” shall besubstituted ; andii. “ Provided furtherthat the Authorityshall, on a monthlybasis, review andrevise the approvedtariff on account ofIn the said Act, insection 31 , in subsection(4) for the secondproviso the followingshall be substituted,namely“Provided further that theAuthority may, on amonthly basis and do notlater than a period of 7days make adjustment inthe approved tariff onaccount of, any variationin the fuel charges and,policy guideline as thefederal government mayissue and , notify thetariff so adjusted in theofficial Gazette.
W.P No.2972/2011 Page 51 of 67shall, within 15 days,determine these anewafter reconsideration andintimate the same to thefederal government;any variation in thefuel charges andpolicy guidelines tobe issued by thefederal; governmentin this behalf andrecommend ther=tariff so revised tothe federalgovernment for thenotification in theofficialgazette.”;andiii. After sub-section(4) amended asaforesaid, thefollowing new subsectionsshall beinserted, namely:-“(4A) The federalgovernment may, as soonas possible but not laterthan 15 days of receipt ofthe Authority’s intimationrequire the Authority’s toreconsideritsdetermination of tariff,rates, charges and otherterms and conditionsmade under sub-section(1) and the Authority shallreconsider and determinethe same anew within aperiod of 15 days from thedate of reference by thefederal government”(4B) within 3 days of theexpiry of the periodavailable to the Authorityunder sub-section(4A), thefederal government shallnotify in the officialGazette,a) The tariffreconsidered anddetermined by theAuthority undersub-section (4A) ifavailable; orb) Where theAuthority has notconcluded thereconsideration,thetariffdetermined by theAuthority undersub-section(1)“(4C) not withstandinganything contained in this
Page 10 and 11: W.P No.2972/2011 Page 10 of 67Neeli
Page 12 and 13: W.P No.2972/2011 Page 12 of 67342.
Page 14 and 15: W.P No.2972/2011 Page 14 of 67New H
Page 20 and 21: W.P No.2972/2011 Page 20 of 67Mr. M
Page 22 and 23: W.P No.2972/2011 Page 22 of 67by th
Page 24 and 25: W.P No.2972/2011 Page 24 of 676. Mu
Page 26 and 27: W.P No.2972/2011 Page 26 of 67tanta
Page 28 and 29: W.P No.2972/2011 Page 28 of 67• T
Page 30 and 31: W.P No.2972/2011 Page 30 of 67• D
Page 32 and 33: W.P No.2972/2011 Page 32 of 67any a
Page 34 and 35: W.P No.2972/2011 Page 34 of 67• T
Page 36 and 37: W.P No.2972/2011 Page 36 of 67• D
Page 38 and 39: W.P No.2972/2011 Page 38 of 67• E
Page 40 and 41: W.P No.2972/2011 Page 40 of 67as Ch
Page 42 and 43: W.P No.2972/2011 Page 42 of 67of ma
Page 45 and 46: W.P No.2972/2011 Page 45 of 67the o
Page 47 and 48: W.P No.2972/2011 Page 47 of 67the p
Page 49: W.P No.2972/2011 Page 49 of 67o Rul
Page 53 and 54: W.P No.2972/2011 Page 53 of 6715. I
Page 55 and 56: W.P No.2972/2011 Page 55 of 67does
Page 57 and 58: W.P No.2972/2011 Page 57 of 67dictu
Page 59: W.P No.2972/2011 Page 59 of 67doubt
Page 62 and 63: W.P No.2972/2011 Page 62 of 67the v
Page 64 and 65: W.P No.2972/2011 Page 64 of 67the p
Page 66 and 67: W.P No.2972/2011 Page 66 of 67basis

Fuel Price Adjustment - Islamabad High Court

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?