NEPRA jacks up power tariff by Rs1.66 per unit
Last updated on: 23 October,2019 08:40 pm
Consumers will pay an additional Rs20 billion in the next month.
ISLAMABAD (Dunya News) – National Electric Power Regulatory Authority (NEPRA) on Wednesday raised power tariff by Rs1.66 per unit.
According to a notification issued on Wednesday, consumers will pay an additional Rs20 billion in the next month.
On Tuesday, the Central Power Purchase Agency Guarantee Limited (CPPA-G) had sought Rs2.97 per unit increase in power tariff for the month of September under monthly fuel adjustment formula.
CPPA elaborated that out of the total power generation in the September, 37.09pc was generated from hydel sources, 16.39pc from coal, 6pc from residual fuel oil (RFO), 5.50pc nuclear source, 1.10pc wind source, 0.45pc solar source, 11.85pc gas and 21.06pc from imported liquefied natural gas (LNG).
“Pursuant to Section 31 (7) of the NEPRA Act (XL of 1997) and the mechanism for monthly fuel price adjustment prescribed by the authority in the tariff determination of Ex-WAPDA distribution companies (DISCOs), the authority may on monthly basis make adjustments in the approved tariff on account of any variation in the fuel charges and policy guidelines as the federal government may issue and notify the tariff so adjusted in the official gazette,” an official NEPRA document read.