NEPRA okays 50 paisa per unit hike in tariff for June

Author: inp

The National Electric Power Regulatory Authority (NEPRA) under monthly fuel adjustment formula on Tuesday approved 50 paisa per unit increase in power tariff for June.

The Central Power Purchase Agency Guarantee Limited (CPPA-G) had sought 70 paisa increase in power tariff for the month of June.

The regulator allowed an increase in tariff after a hearing presided over by NEPRA Chairman Brig (r) Tariq Saddozai. Member Himayat Ullah Khan was also present. In a petition submitted to NEPRA, the CPPA-G maintained the cost of per unit remained at Rs.5.694/kWh against the reference fuel charges of Rs.4.992/ kWh per unit. The consumers will have to bear around Rs.6.5 billion due to price hike.

The regulator was told that 12,913.86 GWh electricity was generated while 12,600.30 GWh was delivered to the distribution companies during the said period.

Some 27.79 percent electricity was generated through hydropower, 11.79 from coal, 9 from furnace Oil, 15.69 from gas, 25.18 from RLNG, 5.08 from nuclear and 3.31 percent from wind during the said period.

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

Published in Daily Times, July 25th 2018.

Share
Leave a Comment

Recent Posts

  • Business

Gold prices dip by Rs 300 to Rs 267,400 per tola

The price of 24 karat per tola gold decreased by Rs.300 and was sold at…

7 hours ago
  • Business

Pakistan offers incentives to NY firms seeking South, Central Asia expansion

The head of Greater New York Chamber of Commerce, Mark Jaffe, Friday expressed strong interest…

7 hours ago
  • Business

US utilities want Trump, Republicans to save inflation act’

The U.S. utility industry wants the incoming Trump administration and Republican-led Congress to preserve clean…

7 hours ago
  • Business

30pc cash withdrawal facility to be available through Kisan card

Secretary Agriculture Punjab Iftikhar Ali Sahu chaired a meeting at the Commissioner's Office here to…

7 hours ago
  • Business

ByteDance’s valuation hits $300bn amid US ban uncertainty

TikTok's Chinese parent company ByteDance is valuing itself at about $300 billion after a recent…

7 hours ago
  • Business

Agri dept launches wheat campaign

The Agriculture Department has launched a massive "wheat grow campaign" to persuade and motivate farmers…

7 hours ago