Times of Islamabad

NEPRA announces decision over massive electricity price hike

NEPRA announces decision over massive electricity price hike

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) haspostponed the proposed Rs2.97 per unit hike in power tariff till nextTuesday and has sought an explanation from the Central Power PurchasingAgency (CPPA) regarding electricity generation through expensive powerplants in September 2019.

Perturbed over power generation with expensive power plants in the month ofSeptember, NEPRA has sought a detailed explanation from the concerned overviolation of merit order already devised for power production for the saidmonth. It stated that a hike in power price would not be allowed until thesubmission of a satisfactory explanation.

During the course of hearing on Wednesday, NEPRA Chairman Tauseef H Farooqiseriously criticised CPPA for generating power with furnace oil and for notsubmitting complete facts and figures pertaining to electricity generationin the month of September.

He said the power consumers could be saved from an additional burden ofRs7.5 billion if merit order was followed and electricity was generatedwith cheaper fuel. “CPPA should satisfy the power sector regulator in thisregard,” he added.