NEPRA approves 50 paisa increase per unit hike for June

News Image

By MG News | July 24, 2018 at 03:08 PM GMT+05:00

0:00

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

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

The regulator allowed increase in tariff after hearing, presided over by NEPRA Chairman Brig (R) Tariq Saddozai.

Member Himayat Ullah Khan was also present. 

In a petition submitted to National Electric Power Regulatory Authority (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 fixed.   

The CPPA-G sought an increase of 70 paisa in the tariff. However, the regulator allowed 50 paisa hike in power tariff. The consumers will have to bear around Rs.6.5 billion due to price hike.                 

The regulator was told that a total 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 per cent electricity was generated through hydel, 11.79 per cent from coal, 9 per cent from furnace Oil, 15.69 per cent from gas, 25.18 from RLNG, 5.08 per cent from nuclear and 3.31 per cent 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.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg