ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has completed its hearing on an application of the Water and Power Development Authority (WAPDA), seeking Rs2 per unit increase in hydel power tariff.
According to sources in the power sector, if NEPRA grants approval on the request of WAPDA, then the price of hydel power price will go up from Rs5.67 per unit to Rs7.67 per unit.
Earlier, WAPDA Hydroelectric had filed a petition with NEPRA seeking FY21 tariff revisions for supply of power from WAPDA hydel power stations.
The hearing on the tariff petition, filed by WAPDA Hydroelectric, was held recently under the chair of NEPRA Chairman Tauseef H Farooqi.
Speaking on the occasion, the NEPRA chairman said that a final decision in this regard would be taken after scrutiny of data and verification of facts and figures. “It is important to determine whether the concerned forums have given their approval to those projects for which WAPDA has been seeking grants or not,” he added.
NEPRA also expressed annoyance over the absence of WAPDA Chairman Lt Gen (r) Muzammil Hussain during the course of hearing and late submission of tariff hike petition for the current financial year.