- Home
- Pakistan
- News
- National Electric Power Regulatory Authority (NEPRA) reserves judgment into tariff hike for 1st quar ..
National Electric Power Regulatory Authority (NEPRA) Reserves Judgment Into Tariff Hike For 1st Quarter Of FY-2019-20
Sumaira FH Published November 20, 2019 | 12:48 PM
National Electric Power Regulatory Authority (NEPRA) on Wednesday reserved judgment into 17 paisa per unit hike in power tariff under quarterly adjustment for July to September 2019 on account of variation in power purchase price
ISLAMABAD, (UrduPoint / Pakistan Point News - 20th Nov, 2019 ) :National Electric Power Regulatory Authority (NEPRA) on Wednesday reserved judgment into 17 paisa per unit hike in power tariff under quarterly adjustment for July to September 2019 on account of variation in power purchase price.
The hearing was presided over by NEPRA Chairman Tausaf H Farooqi on the petition filed by EX-WAPDA power distribution companies (DISCOs).
The DISCOs sought recovery of Rs17.2 billion under quarterly adjustment for first quarter of the current fiscal year 2019-20, The DISCOs submitted that additional amounts on account of adjustments to capacity purchase prices, higher system losses and variation in operation and maintenance costs had to pay during the said period.
Islamabad Electric Supply Company (IESCO) sought additional recovery of Rs1.4 billion, Lahore Electric Supply Company (LESCO) Rs5.05billion, Gujranwala Electric Supply Company (GEPCO) Rs1.5 billion, Peshawar Electric Supply Company (PESCO) Rs3.66 billion and Hyderbad Electric Supply Company (HESCO) Rs2.5 billion.
Similarly, Multan Electric Supply Company (MEPCO) demanded recovery of Rs2.2 billion, followed by Quetta Electric Supply Company (QESCO) Rs 1.5 billion and Sukkur Electric Supply Company (SEPCO) Rs 1.19 billion.
The power companies demanded Rs11.2 billion on account of transmission and distribution losses, Rs3.5 billion over fuel costs and Rs3.458 billion for operation and maintenance charges.
Related Topics
Recent Stories
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
04 killed in Spain as Storm Nelson looms
Russian military jet crashes into sea off Crimea: Governor
Rain-windstorm/thunderstorm likely at various parts of country
Implementation of Sindh Agriculture Workers Act-2019 demanded
Pandemic accord talks heading for extra time
Khawaja reiterates PM commitment to judiciary
More Stories From Pakistan
-
Journalists call for global action to end Gaza’s humanitarian crisis
2 hours ago -
CM for generating opportunities to bring direct int'l investment
2 hours ago -
High Commissioner of Malaysia hosts Iftar dinner reception
2 hours ago -
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per unit
2 hours ago -
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
2 hours ago -
Implementation of Sindh Agriculture Workers Act-2019 demanded
2 hours ago
-
Khawaja reiterates PM commitment to judiciary
2 hours ago -
Gov't to form independent inquiry commission on 'IHC judges' letter': Law Minister
2 hours ago -
Makhdoom Saeed-u-Zaman seeks massive operation for recovery Priya Kumari
2 hours ago -
Pakistan to continue political, diplomatic support to Kashmiris: FO
2 hours ago -
FM, UK High Commissioner discuss bilateral ties
2 hours ago -
Cabinet Division declares Naudero House as official residence of President
2 hours ago