NEPRA hikes power tariff by Rs 1.16

ISLAMABAD, Oct 03 (INP) – The National Electric Power Regulatory Authority (Nepra) has increased of Rs1.16 per unit in the electricity tariff on Wednesday.
According to a notification issued on Wednesday, the increase was approved under fuel adjustment for the month of August.
According to NEPRA, Rs4.75 had been received from the consumers under fuel adjustment, while the fuel cost around Rs5.91.
The price increase will be applicable on all power distribution companies except for K-Electric and consumers using 300 units per month.
On September 26, the NEPRA had approved an increase of Rs1.16 per unit in electricity prices putting a burden of 16 billion on users.
The Central Power Purchasing Agency (CPPA) had initially requested a Rs1.50 increase in electricity rates.
CPPA reported that in August, 31.95 percent electricity was generated from water, 11.73 percent furnace oil, 14.55 percent gas while 22.74 percent from Liquefied Natural Gas (LNG).
The production price per unit of electricity remained at Rs 5.55 that was provided to the divisional units for Rs 6.24.