NEPRA decides to issue uniform tariffs for wind power for 20 years

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) Thursday decided to issue uniform tariffs for wind power projects for 20 years.

The NEPRA officials said the uniform tariffs would remain in effect for at least 20 years. The Authority officials said uniform tariffs were meant for early completion of wind power projects, as the increase in wind power generation would whittle down the dependence on imported furnace oil.

Wind companies will not have to get tariffs approved by NEPRA. However, the tariffs will not be applicable in case generation license of the concerned company is cancelled.

NEPRA officials further said the notification regarding uniform tariffs would be issued after public hearing.

Copyright NNI (News Network International), 2011