NEPRA Increases Power Tariff by Rs.1.66/unit

POWER TARIFF

The National Electric Power Regulatory Authority—NEPRA has increased the power tariff by Rs.1.66 per unit on Wednesday.

As per a notification issued on Wednesday, consumers would be paying an extra Rs.20billion in the next month.

On Tuesday, the Central Power Purchase Agency Guarantee Limited—CPPA-G has asked for Rs.2.97 per unit surge in the power tariff for the month of September under the monthly fuel adjustment formula.

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CPPA provided elaboration that out of the total power generation in the month of September, 37.09percent was produced from the hydel sources, 16.39percent from coal, 6percent from the residual fuel oil—RFO, 5.50percent from the nuclear source, 1.10percent wind source, 0.45percent from the solar source , 21.06percent from the imported liquefied gas and 11.85percent from gas.

As per an official document of NEPRA, in pursuance of Section 31 (7) of the NEPRA Act and the mechanism for the monthly fuel price adjustment prescribed by the authority in the determination of the tariff of the Ex-WAPDA distribution companies—DISCOs, the authority might make adjustments in the approved tariff on account of any violation in the fuel charges and the policy guidelines as the federal government might issue and notify the tariff so adjusted in the official gazette.

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