November 17, 2001	Saturday	Ramazan 1, 1422

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ISLAMABAD, Nov 16: President Gen Pervez Musharraf has sought performance report of the National Electric Power Regulatory Authority (Nepra) immediately.

Sources in the cabinet division, the administrative ministry of Nepra, confirmed on Friday to Dawn that “the regulator is required to submit its performance report to cabinet secretary by Nov 17.”

This came in the aftermath of a dispute between Nepra and Wapda. The utility wanted a committee to review the determinations while the regulator rejected such a move fearing erosion of its independence and credibility.

A senior Nepra official, however, contended that the performance report sought by the chief executive’s secretariat had nothing to do with the regulator-utility dispute.

He confirmed that Nepra had already submitted the report to the cabinet division for onward submission to the secretariat, but said it was a routine annual feature and was sought by the CE’s secretariat much earlier.

The official said the report listed the ups and downs Nepra had been facing since its inception in 1995 and what comfort the investors and consumers had felt once it was operational under the Nepra Act, 1997.