NEPRA approves Rs 3.23 per unit reduction in power tariff

BusinessNEPRA approves Rs 3.23 per unit reduction in power tariff

ISLAMABAD, Pakistan: The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Rs 3.23 per unit reduction in power tariff under fuel price adjustment for January.

However, the reduction would not be applicable to the consumers using less than 300 units and K-Electric.

This decision was made during a public hearing in Islamabad chaired by chairman NEPRA Tariq Sadozai.

In a petition, the Central Power Purchasing Agency (CPPA) has sought adjustments of variation incurred in the fuel cost for power generation last month.

Earlier, in its petition submitted with the regulator, the CPPA sought Rs 1.62 per unit reduction in power price on account of monthly fuel price adjustment.

However, the regulator by approving Rs 3.23 per unit decrease in power prices approved around Rs 20 billion worth relief for all power consumers except K-Electric.

In the petition, the CPPA said that a total 6.631 billion units were sold to the distribution companies during January.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

US Embassy in Islamabad awards $20,000 in seed funding to women entrepreneurs

0
ISLAMABAD, Pakistan: The US Embassy in Islamabad has announced the winners of US$ 20,000 in seed grants to participants in the Embassy’s Academy for...

25 Kharji terrorists killed, 11 injured in Tirah: ISPR

0
RAWALPINDI, Pakistan: The security forces have killed 25 terrorists of Fitna-Al-Khwarij including Kharji ring leader Abuzar alias Saddam and injured further 11 in Tirah...

Interbank Dollar Rate Today in Pakistan – 27 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 27,...

Rain with thunderstorm expected in Punjab & Sindh in next 36 to 48 hours

0
NDMA issues alert to relevant departmentsISLAMABAD, Pakistan: The National Emergency Operations Center (NEOC) of NDMA anticipated more rain, thunderstorm with gusty winds in...

Membership Free of Islamabad Club

0
The Islamabad Club is functioning under the ambit of Islamabad Club (Administration) Ordinance No. XXXIII 1978 and the Islamabad Club Rules & Regulations made...
Advertisement