Thursday, June 11 2026

Power regulator drops show-cause notice against LPCL
National Electric Power Regulatory Authority (NEPRA) has closed show cause notice issued to Lalpir Power Company Limited (LPCL) over its alleged failure to timely restart operations following the nationwide power system collapse in January 2023. According to official details, the countrywide blackout occurred on January 23, 2023 at 07:34:43 hrs, plunging the entire nation into darkness. The system was restored after approximately 20 hours on January 24, 2023. NEPRA, as the sector regulator, took cognizance of the incident and constituted an Inquiry Committee (IC) to investigate the causes. The committee conducted site visits to power plants, grid stations, and relevant offices, and examined documents to reach its conclusions.
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Related symbols: lpl (news stock)