NEPRA cuts power tariff by Rs0.99 per unit

-The reduction in power prices will provide Rs22.48bn in relief to electricity consumers

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA), on Thursday announced a Rs0.99 per unit reduction in power prices and issued a notification to this effect. 

The reduction in power prices will provide Rs22.48 billion in relief to the electricity consumers in the coming three months.

According to a notification issued by NEPRA, the Rs0.99/unit cut in power prices has been made for three months under the head periodic adjustment in tariff for the 4th quarter of 2020-21. This cut in the power tariff will be applicable to power consumers of all power distribution companies (DISCOs) except power consumers of K-Electric and consumers belonging to lifeline and protected categories.

Moreover, according to NEPRA, the Rs0.99/unit reduction in power tariff has been made on account of variation in capacity charges, variable O&M, use of system charges, market operator fees and fuel charge adjustment’s impact on transmission and dispatch losses.

- Advertisement -
Ahmad Ahmadani
The author is a an investigative journalist at Profit. He can be reached at [email protected]


Please enter your comment!
Please enter your name here

- Advertisement -

Must Read

FBR likely to get Rs660mn in six cases of tax evasion

The field formations of the Federal Board of Revenue (FBR) on the intervention of the Federal Tax Ombudsman (FTO) have created an Income tax...