ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), exercising powers under section 31 sub section (4) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997, has sanctioned 8.12 cents per unit upfront tariff for Port Qasim coal-based power plant for three decades.
The project comprises of two 660MW worth $770 million each and total 1,320MW of about $1.54 billion. The project also involves Sinosure insurance fee of 7 per cent on the total debt servicing which stands at 75pc of the project cost.
According to Nepra, the authority had also allowed a 150MW coal-based power plant of Garang Power Limited at a tariff of Rs8.4 per unit for 30 years.
