Nepra cuts power tariff by Rs2.23 unit for June

ISLAMABAD: The Nepra on Tuesday approved Rs2.23 per unit reduction in power tariff for June under monthly fuel adjustment mechanism.

The regulator approved the reduction in the power tariff during a public hearing held here. In a petition, Central Power Purchase Agency (CPPA) has sought Rs2.23 per unit reduction in power tariff for June.

The Nepra approved Rs2.23 per unit reduction after reviewing all facts and figures. The consumers would get accumulative Rs25 billion relief which would be given in billing of next month. The reduction would not be applicable to the domestic consumers using less than 300 units per month, K-Electric and agriculture consumers.

The CPPA submitted to Nepra that some 11.210 GWh were supplied to the distribution companies in June costing Rs52.627 billion. In its petition, the CPPA submitted to the regulator that it had charged a reference tariff of Rs6.828 per unit while the actual fuel cost remained at Rs4.69 per unit during the above-mentioned period.

The hydel generation remained at 30.46 percent, gas at 18.43per cent, coal at 5.69 percent, imported RLNG at 12.28 percent, furnace oil at 22.34 percent and nuclear at 5.74 percent.