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Nepra fixes tariff at Rs 15.0279, 14.4096 cents per unit: Pakistan can generate 2.324million MW solar power

byCustoms Today Report
29/01/2015
in Budget
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KARACHI – National Electric Power Regulatory Authority (Nepra) has fixed the levellised upfront tariff for 1-20 MW solar PV plants for North Region at Rs 15.0279 cents and South Region at 14.4096 cents per unit.

Pakistan receives one of the best solar irradiations in the world and has a potential to generate over 2.324 million megawatts electricity per annum through solar thermal and photovoltaic systems but this potential is yet to be tapped.

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For 20-50 MW solar PV power plants, tariff in North region will be 14.8953 cents and 14.2825 cents in South region. Upfront tariff for 50-100 MW solar PV power plants will be 14.7588 cents in North region and 14.1516 cents per unit for South region. This determination was given in accordance with Section 31 sub section(4) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 read with Regulation 3 of the Upfront Tariff (Approval & Procedure) Regulations, 2011 (vide S.R.O. 757(1) 2011). An applicant can opt for the Upfront Generation Tariff for Solar PV Power Plant once notified in the official gazette pursuant to section 31(4) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997(XL of 1997.

 

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