ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) hasresponded over media reports of increase in electricity tarrifs.
NEPRA ruled against the Central Power Purchasing Authority’s (CPPA)recommendation to raise electricity prices by 98 paisas per unit.
The power regulatory watchdog has decided to keep the electricity pricesunchanged for February. The decision has saved the power consumers frombearing an additional cost of Rs. 14.5 billion.——————————
Earlier this month, the CPPA had requested the increase as part of fueladjustment for power consumption in November 2019.
As per its report, the overall power production in November crossed sevenbillion units, costing Rs. 25 billion to the power production companies.
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Out of the total production, the hydel power sources generated 39 percentelectricity, 27.3 percent came from coal power, 11.5 percent was producedfrom nuclear sources, 9.3 percent from gas, and 9.2 percent from importedLiquefied Natural gas (LNG).——————————
It should be noted that NEPRA, on the request of CPPA, had approved anincrease of Rs. 1.56 per unit in the power tariff on December 26, as partof the cost adjustment of consumption in October.
