NEPRA Approves Rs1.16 Increase In Electricity Tariff

(@mahnoorsheikh03)

NEPRA approves Rs1.16 increase in electricity tariff

The increase in electricity tariff has been done under fuel price adjustment for August.

Islamabad (Pakistan Point News – 26th September, 2018) The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity tariff.

According to details, the NEPRA has approved increasing electricity tariff by Rs 1.16 per unit. The increase in electricity tariff has been done under fuel price adjustment for August.

NEPRA sources said that the power purchasing agency had requested a Rs 1.5 per unit increase in the electricity tariff. The new prices will be implemented on all the power distribution companies except K-Electric.

The Economic Coordination Committee of the Cabinet (ECC) had on Tuesday deferred its decision to increase electricity tariff and directed NEPRA and Power Division to prepare a comprehensive plan for improvement in service delivery in the power sector, reduction in transmission and distribution losses and maximizing recovery.

The meeting of the committee was held under the chairmanship of Federal Minister for Finance, Revenue and Economic Affairs Asad Umar here at the Cabinet Division.

On the proposal moved by the Ministry of Energy for the "Tariff Rationalization for Power Sector", the Committee also directed power division to ensure that while preparing the plan for any increase in power tariff; it should be ensured that the poor and lower end consumers are not unnecessarily burdened.

Mahnoor Sheikh

The writer is News Editor, Pakistan Point. She has graduated in Mass Communication and has worked in various media houses