The National Electric Power Regulatory Authority (NEPRA) approved a Rs1.62per unit hike in power tariff on Thursday owing to fuel adjustments duringthe second and third quarter of last year’s financial year.
If the government approves NEPRA’s tariff hike, consumers will have to bearthe burden of Rs164.87bn. The decision by the authority was taken in lightof requests filed by power distribution companies during the last financialyear.
“The Authority has determined a uniform rate of Rs.1.6236/kWh attached asAnnex-I with the instant decision, for the allowed amount of quarterlyadjustments of Rs.73,065 million pertaining to the 2nd quarter andRs.91,805 million for the 3rd Quarter of FY 2019-20 (total Rs.164,870million),” read a press release by NEPRA.
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“Across each category of consumers of XWDISCOs, based on projected salesfor the FY 2017-18, after excluding therefrom the sales to life lineconsumers, to be recovered in twelve (12) months period.
