NEPRA likely to revise tariffs for renewable energy projects

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is reviewing for potential revision the upfront tariff of 49 renewable energy projects that are eligible for financing under a revised scheme of the State Bank of Pakistan (SBP), an official says.

The central bank has designed the revised scheme in an attempt to promote green banking to tackle the challenge of energy shortage and climate change being faced by Pakistan’s economy.

The power-sector regulator has undertaken a review of the upfront tariff determination for renewable energy projects and may change that if a company secures full or certain portion of debt under the revised financing scheme. Its tariff will be adjusted on the terms and conditions provided in the revised scheme.

Published in the Express Tribune, 20th July, 2018