NEPRA slashes power rates by Rs1.86 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday turned down the plea of the federal government to increase power tariff and cut electricity rates by Rs1.86 per unit instead on account of fuel adjustment for the month of March 2018.
The Central Power Purchasing Agency (CPPA) had filed a petition, requesting to increase power tariff by Rs0.4437 per unit based on weighted average reference fuel cost of FY2015-16.
However, the power regulator turned down the plea and decided to cut power tariff by Rs1.86 per unit based on the weighted average reference fuel cost of FY 2014-15.
Published in The Express Tribune, 25th April, 2018