Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

NEPRA approves Rs 2.28 per unit cut in power tariff proposed by CPPA-G

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

National Electric Power Regulatory Authority (NEPRA) today approved a rupees 2.28 cut per unit after Central Power Purchase Agency Guarantee Limited (CPPA-G) had petitioned NEPRA to reduce the power tariff for the ongoing month.

In the petition, the CPPA-G said the actual cost remained at Rs5.06 /kWh against the reference fuel charges of Rs7.2603/kWh. The said cut would bring a Rupees 15 billion relief to the general populace by reducing the billed amounts for the coming month.

The cuts would be applicable throughout the country except for K Electric consumers. However, the lifeline consumers and those consumers who were using less than 300 units would not benefit from the reduction.

National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Rs.2.28 per unit cut in lieu of fuel price adjustment formula for February.

The power regulator approved cut in power tariff during a public hearing presided over by chairman Brig (R) Tariq Saddozai here.

It said per unit cost of electricity production through coal was Rs5.81 kWh per unit and furnace oil Rs10.16 kWh per unit during the said month.

Similarly, the cost of nuclear electricity production was Rs1.07 per unit, gas Rs4.71 per unit, and RLNG Rs9.02 per unit while the power imported from Iran cost Rs11.05 per unit.

Posted on: 2018-03-27T14:33:00+05:00