ISLAMABAD: Chairman National Electric Power Regulatory Authority (Nepra) on Tuesday rejected a request from Central Power Purchasing Authority (CPPA) officials for raising the electricity tariff in the country by 98 paisas per unit, ARY NEWS reported.
The CPPA officials should argue with concrete reasons to raise the electricity tariff, said the chairman while deferring the matter.
A hearing at the electric regulatory body was held today to decide over the monthly fuel adjustment and any changes to the electricity prices.
According to reports, the overall electricity production during the month of November stood at over seven billion units, costing Rs 25 billion to the power companies producing it.
It said that 39 percent electricity was produced from the hydel power sources, 27.3 percent from coal power, 9.3 percent from from gas, 11.5 percent from nuclear power sources and 9.2 percent from imported Liquefied Natural gas (LNG).
On 26 December 2019, the National Electric Power Regulatory Authority (Nepra) on Thursday approved a Rs1.56 per unit increase in power tariff on account of fuel cost adjustment of electricity consumed in October.
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The power regulator gave its approval after hearing a request by the Central Power Purchasing Agency (CPPA) that sought an increase of Rs1.73 in electricity rates.
This tariff hike will put an additional burden of Rs14.50 billion on power consumers.
