Nepra approves 27 paisa hike in power tariff

Published January 3, 2014
— File photo
— File photo

ISLAMABAD: The National Electric Power Regulatory Authority approved on Thursday an increase of 27 paisa per unit in power tariff for all companies of Wapda under monthly fuel adjustment.

The Central Power Purchase Agency had requested Nepra to allow a 45-paisa increase for the next billing month on account of higher generation cost during November last year.

About a fortnight ago, Nepra had rejected the application for want of data on system losses and verified expenses of gas infrastructure development cess being paid to independent power producers despite being held in abeyance on judicial intervention.

In the absence of verifiable data about cess collection, Nepra did not allow the amount to be recovered from consumers in the shape of 18 paisa per unit and approved an increase of 27 paisa.

The decision to allow 27 paisa increase was made at a public hearing presided over by Nepra’s acting chairman Khwaja Mohammad Naeem.

The increase will be charged in the next billing month.

The Central Power Purchase Agency had reported that its average fuel expenses on power generation in November was worked out at Rs7.42 per unit compared with reference fuel cost of Rs6.966 per unit approved by Nepra and hence the requirement for tariff increase.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan strikes
Updated 26 Dec, 2024

Afghan strikes

The military option has been employed by the govt apparently to signal its unhappiness over the state of affairs with Afghanistan.
Revamping tax policy
26 Dec, 2024

Revamping tax policy

THE tax bureaucracy appears to have convinced the government that it can boost revenues simply by taking harsher...
Betraying women voters
26 Dec, 2024

Betraying women voters

THE ECP’s recent pledge to eliminate the gender gap among voters falls flat in the face of troubling revelations...
Kurram ‘roadmap’
Updated 25 Dec, 2024

Kurram ‘roadmap’

The state must provide ironclad guarantees that the local population will be protected from all forms of terrorism.
Snooping state
25 Dec, 2024

Snooping state

THE state’s attempts to pry into citizens’ internet activities continue apace. The latest in this regard is a...
A welcome first step
25 Dec, 2024

A welcome first step

THE commencement of a dialogue between the PTI and the coalition parties occupying the treasury benches in ...