ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has announced slashing the power tariff Rs 3.11 a unit under the head of fuel adjustment.
The decision to slash the power tariff was made in a meeting which heard the application seeking reduction in power tariff filed by Central Power Purchasing Agency (CPPA). Chairman NEPRA Tariq Sadozai headed the meeting.
The reduction will provide an aggregate relief of about Rs 25 million to consumers in next month’s bill.
The relief will not apply to consumers using upto 300 units a monthly. The consumers of K-Electric will also not benefit from the tariff cut.
The CPPA had sought Rs 1.47 a unit reduction in power bills for November. According to the application 3.17 billion units of power were produced in country in November the production cost of which totalled Rs 25.24 billion. The application asked transferring Rs 15.77 billion of to consumers in old adjustments.
Chairman NEPRA Tariq Sadozai calls the absence of affordable and efficient power producing plants is getting to be a big problem. Instead of high-capability power generation plants the bulk of power produced in the country comes from lower-capability the plants which is turning out to be major problem, he added. INP