ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has announced to keep the upfront tariff for the wind power plants unchanged at Rs10.6048 per kilowatt.
The Nepra in June this year, announced the same tariff but on request of stakeholders reviewed its decision. The Rs10.6048/Kilowatt tariff, announced earlier this year was lower than the previous tariff of Rs 13.1998/kWh.
The authority said that the decrease was due to advancement in technology which has brought down the project cost. According to the decision new tariff will be limited to the extent of net annual energy generation supplied to the power purchaser up to 35pc net annual plant capacity factor.
Only wind power generation companies recommended by the relevant agency for the grant of upfront tariff, and those who can certify that they will install new plant and machinery as per international standards, with installed capacity up to 250MW will be eligible to avail the new rates.