There was a dearth of buyers in the stock market of Bangladesh yesterday amidst the prevalence of a floor price for every stock set by the regulator to halt the free fall of the market indices amidst global economic uncertainties.
The Nepra had granted a wheeling licence to the Pedo in April last year. AFP/File
PESHAWAR: The Khyber Pakhtunkhwa government’s plan to auction 155 megawatts of electricity to industrial units under the wheeling regime has hit a roadblock as two power distribution companies have got a stay order from the court of law against the Nepra’s decision on wheeling charges.
Wheeling is the export of power from generation source to another entity through transmission system of distribution companies, while the fee paid for the use of transmission system is called wheeling charges.
In power wheeling, generation companies use the National Transmission and Dispatch Company’s (NDTC’s) transmission system for high voltage electricity and that of distribution companies for low-voltage power supply.