ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs 2.23 per unit reduction in power tariff for ex-Wapda distribution companies for the month of October under monthly fuel adjustment formula.
In a public hearing on the petition filed by Central Power Purchasing Agency (CPPA-G), National Electric Power Regulatory Authority (Nepra) approved a total Rs.2.23 per unit reduction for October under monthly fuel adjustment mechanism. The hearing was presided over by NEPRA chairman Brig (r) Tariq Saddozai. Central Power Purchase Agency (CPPA), in its petition, had requested the Nepra to reduce tariff by Rs 2.20 per unit for October under monthly fuel adjustment mechanism.
However, the regulator approved Rs2.23 per unit reduction in tariff for October. The cut is expected to provide customers relief worth Rs 22 billion and this relief will be given in bills of November.
In his comments, chairman NEPRA raised question over the use of expensive power generation plants and decided to issue written directive to the government in this regard.
