NEPRA increases power tariff as govt moves to implement IMF conditions

National Electric Power Regulatory Authority (NEPRA) on Monday announced a hike in power tariffs for three state-owned power distribution companies as the federal government decides to implement the IMF condition to increase electricity rates.

According to a report by ARY News, the government would be able to collect a revenue of Rs916 billion under the increased tariff for power supply companies in Multan, Gujranwala and Sukkur.

the authority has stated that the move would help in the implementation of a uniform tariff throughout the country.

According to the details, the average tariff for Multan Electric Power Company (MEPCO) for the year 2019-20, would be Rs16.52 per unit. “We have given an approval to collect an additional amount of Rs555 billion from Multan region’s consumers,” the regulatory body said.

Similarly, average power tariff for Gujranwala Electric Power Company (GEPCO) would be Rs15.69 per unit for 2019-20. “GEPCO consumers will pay an additional amount of Rs334 billion,” it said.

Moreover, Rs16 billion would be collected from the consumers of Sukkur Electric Power Company (SEPCO) under distribution tariff.