Nepra approves Rs2.68 per unit cut in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs2.68 per unit reduction in electricity prices.A hearing on the petition of the National Transmission and Despatch Company (NTDC) was conducted in the National Electric Power Regulatory Authority (Nepra) in which reduction in electricity price was proposed. The Nepra accepted the proposal and approved the demand. However, the relief will not be granted to K-Electric and Lifeline customers.The price cut has been made in terms of fuel adjustment surcharge. According to the Nepra, the production cost of electricity in May remained at Rs4.25 whereas Rs8.09 was recovered by the customers.