Business News

NEPRA cuts power tariff by Rs2.68 per unit

Latest Update: July 16, 2015 | 162 Views

ISLAMABAD: NEPRA approved Rs2.68 per unit reduction in electricity prices under fuel adjustment surcharge in the month of May.

Hearing on the petition of National Transmission & Despatch Company (NTDC) was conducted in National Electric Power Regulatory Authority (Nepra) in which reduction in electricity price was proposed.

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 NEPRA, the production cost of electricity in May remained Rs4.25 whereas Rs8.09 were recovered from the customers.

Besides this 80 paisas per unit were deducted in terms of gas infrastructure surcharge due to which the customers could not get relief of Rs5 billion 60 crores.


Top of the Hour