ISLAMABAD (92 News) – The National Electric Power Regulatory Authority (Nepra) on Wednesday approved an increase of Rs1.78 per unit in the power rate.
As a result, the consumers will have to bear an extra burden of Rs24 billion.
The decision will be applicable to all electricity distribution companies except K-Electric.
The Nepra announced power increase in the tariff under monthly fuel adjustment mechanism during a public hearing presided over by the NEPRA Chairman Tauseef H Farooqi.
In a petition, the Central Power Purchase Agency Guarantee Limited (CPPA-G) had sought Rs1.92 per unit increase. CPPA-G contended that it had charged consumers a reference tariff of Rs3.5420/kWh against the actual fuel cost of Rs5.46/kWh during the said period.
The Nepra approved the hike after hearing the arguments.
The post Nepra approves Rs1.78 per unit increase in power rate appeared first on 92 News HD Plus.
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