NEPRA Suggests Rs4/Unit Raise in Power Tariff – Research Snipers

NEPRA Suggests Rs4/Unit Raise in Power Tariff

power tariff

The National Power Regulatory Authority (NEPRA) has recommended increasing the power tariff by four rupees per unit. This suggestion was provided in a summary forwarded to the power sector yesterday.

The summary also included arrears that are to be gathered from the customers costing around eighteen billion rupees.

The final verdict on the matter is pending with the Ministry of Water, Power and Energy and a notification is to be issued in this matter.

NEPRA had earlier given an approval for an increased tariff by 0.36 Rs per unit on account of fuel adjustment for the month of July 2018 for power distribution firms—having a bill due to be paid in the month of September.

Also Read: WASA to Launch Trunk Boring Technology in Lahore

In the State of the Industry Report 2017, NEPRA had previously revealed the performance of the new power plants installed in the Pakistan Muslim League-Nawaz government.

As per the report, these power plants created an extraordinary load on the masses and the national exchequer.

The report forwarded by NEPRA said that an analysis only for the capacity payments corresponding to the production of facilities in the NTDC system indicated that payments which were somewhere around two hundred and eighty billion rupees in the fiscal year 2015-16 reached more than three hundred and fifty billion rupees in the financial year 2016-17.

NEPRA is responsible for regulating and managing the electricity supply in Pakistan. It was founded when the Parliament of Pakistan passed the NEPRA Act, 1997.

More Read: Trade Deficit Decreases as Exports Grow More Than Imports