NEPRA to hold hearing on Tuesday in power tariff cut

APP – National Electric Power Regulatory Authority (NEPRA) will hold hearing on Tuesday in power tariff cut for the month of February.

According to official sources, the power consumers are likely to get a relief of Rs2.19 per unit in lieu of fuel price adjustment formula for February.

They said Central Power Purchase Agency Guarantee Limited (CPPA-G) in a petition submitted to National Electric Power Regulatory Authority (NEPRA) sought Rs2.19 per unit reduction in power tariff for the said 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.

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.

Domestic consumers of all public-run distribution companies except K-Electric will benefit from the reduction in the prices of electricity.

However, the lifeline consumers and those consumers who were using less than 300 units would not benefit from the reduction.