Power tariff likely to be raised by six paisa
Last updated on: 29 July,2019 10:43 pm
NEPRA has set the hearing on August 6 to discuss the proposal of the power companies.
ISLAMABAD (Dunya News) – National Electric Power Regulatory Authority (NEPRA) is expected to increase power tariff by six paisa per unit.
The decision would be taken after hearing the application submitted by the Central Power Purchasing Company (CPPC) seeking rise in electricity prices under fuel adjustment mechanism.
The CPPC took a stance that fuel expense was Rs5.18 throughout the June whereas consumers were charged Rs5.11 for it, adding that to match and adjust the fuel price, six paisa should be increased for power tariff.
Experts said that owing to the depreciation of rupee, changing rates of fuel including coal and liquefied natural gas (LNG) in the international market, the production cost of electricity has increased.
NEPRA has set the hearing on August 6 to discuss the proposal of the power companies.