NEPRA increases power tariff by 53 paisa per unit

ISLAMABAD (92 News) – The National Electric Power Regulatory Authority (NEPRA) has allowed an increase of 53 paisa per unit in the power tariff. After the hike, the consumers will be burdened with Rs53 billion annually. The Ministry of Power has issued a notification in this regard. The hike has been approved under adjustment and distribution margin of the previous year. The increase will be applicable from today. On March 29, 2019, the National Electric Power Regulatory Authority (Nepra) had increased the power tariff by 55 paisa per unit for all the power distribution companies, except K-Electric, on account of fuel price adjustment for April. The Central Power Purchasing Agency (CPPA) on behalf of the distribution companies (DISCOs) had filed a petition for tariff increase saying the actual fuel cost in April was higher than that charged to the consumers and hence an increase of 57 paisa per unit be allowed to be recovered from consumers next month.