NEPRA defers hearing on CPPA petition for power tariff hike

The Nation/12-02-2020

ISLAMABAD: The National Power Regulatory Authority (NEPRA) has deferred its hearing on the petition of the Central Power Purchasing Agency (CPPA) for power tariff increase, under fuel price adjustment for the month of November, for ex-Wapda DISCOs as the later has withdrew its petition. During a public hearing by NEPRA on Central Power Purchasing Agency (CPPA) request for power tariff increase by Rs 0.9836, CPPA has requested the regulator not to proceed with hearingas it is working on the draft to change the mechanism for fuel price adjustment (FPA). Apparently the hearing was deferred on the request of the CPPA for making changes to the FPA mechanism but actually it is part of the government plan to keep the electricity prices unchanged for next 18 months.