NEPRA allows Rs2.37 per unit shoot up in power tariff
The National Electric Power Regulatory Authority (NEPRA) on Tuesday allowed Rs2.37 per unit increase in power tariff for all the power distribution companies, except K-Electric.
According to the details, the shoot up on the price per unit is on account of fuel price adjustment for the month of September, 2019.
Earlier, the Central Power Purchasing Agency (CPPA), on behalf of the power distributing companies (DISCOs), had asked NEPRA to raise the electricity tariff by Rs2.97 per unit on account of fuel price adjustment, sources said.
The CPPA had pleaded with the NEPRA that variation in the fuel cost for electricity generation should be adjusted.
Following the request, the power sector regulator had decided to hold a hearing on Oct 30.
However, for the first time in the history of the country, the regulator deferred the summary for the hearing till today.
The CPPA, on behalf of ex-WAPDA distribution companies, maintained that it had charged consumers a reference tariff of Rs2. 8410/kWh against the actual fuel cost of Rs5.8136/kWh during the same month.
It said that the total energy from all sources remained at 13,621.35 GWH in September and the total cost was amounted to Rs70.231 billion with an average per unit fuel cost of Rs5.156 per unit.
It is to remember that, On October 8, NEPRA increased the price per unit of electricity by 78 paisa in terms of fuel adjustment charges for the month of July.
Read More News On
Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News
Download The BOL News App to get the Daily News Update & Follow us on Google News.
Leave a Comment
You must be logged in to post a comment.