NEPRA approves Rs0.81per unit increase in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority has approved an increase of Rs0.81 per unit in the electricity tariff for power distribution companies.
The tariff was revised upwards on account of fuel cost adjustment for the month of February.
Power distribution companies will include the tariff hike of Rs.81 per unit in next month’s electricity bills and will collect an additional Rs5.2 billion from the consumers.
The Central Power Purchasing Agency (CPPA) had sought a tariff increase of Rs1.23 per unit due to a hike in fuel prices. The reference fuel cost for the month of February was at Rs3.97 per unit.
Pakistan sees no immediate need to hike power tariff
In February, at least 22.7 per cent of electricity was generated from hydel power while 17.47 per cent was from coal, 22.77 per cent from gas and 16.80 per cent from liquefied natural gas (LNG).
In January, NEPRA had approved an increase of Rs1.80 per unit in the tariff for all power distribution companies for January 2019 following electricity production with the help of expensive fuel.
The CPPA had sought a tariff increase of Rs1.9382 per unit, saying the actual cost of electricity generation stood at Rs7.6959 per unit against reference fuel price of Rs5.7576, an increase of Rs1.9382.