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NEPRA jacks up power tariff by Rs2.86 per unit

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday increased the power tariff by Rs2.86 under monthly fuel adjustment.

According to the notification issued by NEPRA, in yet another bad news for the already suffering people from inflation, the price of electricity has been increased in the context of the March fuel adjustment.

According to the notification, the price hike would impose an additional burden of Rs 32 billion on consumers, while the regulator conducted a hearing on April 27 to consider the proposal of the CPPA and approved a surge of Rs2.86.

On the other hand, electricity for K-Electric consumers has also been increased by Rs. 1.38 per unit. The K-Electric had demanded an increase of Rs 3.15 in terms of fuel adjustment.

Read more: Pakistan’s exports to China increase 17% in first quarter

Separately, National Electric Power Regulatory Authority (NEPRA) imposed Rs 50 million fine on National Transmission & Despatch Company (NTDC) for a blackout of electricity in the country in January 2021. The fine has been imposed for the delay in the restoration of electricity.

According to the statement issued on January 9, 2021, there was a blackout in the country and it took about 20 hours to fully restore power in the country.

NEPRA had constituted an Inquiry Committee for a full investigation into the issue which investigated the matter and submitted a detailed report to the authority.

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