NEPRA okays 36 paisa hike per unit in tariff for July

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Wednesday approved 36 paisa per unit increase in power tariff for July under monthly fuel adjustment formula.

The Central Power Purchase Agency Guarantee Limited (CPPA-G) has sought 62 paisa increase in power tariff for the month of July.

The regulator allowed to increase in tariff after hearing, presided over by NEPRA Chairman Brig (R) Tariq Saddozai. Vice Chairman Himayat Ullah Khan and Member Saifullah Chattah was also present.

In a petition submitted to National Electric Power Regulatory Authority (NEPRA), the CPPA-G maintained the cost of per unit remained at Rs 5.60/kWh against the reference fuel charges of Rs 4.98/ kWh per unit fixed.

The CPPA-G sought an increase of 62 paisa in the tariff. However, the regulator allowed 36 paisa hike in power tariff.

The consumers will have to bear around Rs 4.5 billion due to price hike.

The regulator was told that a total 13,750.83 GWh electricity was generated while 13,397.17 GWh was delivered to the distribution companies during the said period.

Some 28.30 per cent electricity was generated through hydel, 12.63 per cent from coal, 9.34 per cent from furnace Oil, 14.87 per cent from gas, 24.51 from RLNG, 5.35 per cent from nuclear and 3.12 per cent from wind during the said period.

However, the hike would not be applicable to those consuming less than 300 units, KE and agriculture connections.