NEPRA cuts power tariff by Rs 1.88 per unit

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The National Electric Power Regulatory Authority (NEPRA) on Wednesday reduced the electricity rates by Rs 1.88.

According to a notification issued by the power regulator, the reduction in tariff was necessitated by lower oil prices in the international market. The prices of furnace oil observed a reduction of Rs 6, 173 per ton in the month of April.

In unit one of Jamshoro Power Company, Rs 1.63 reduced in prices while Rs 1.88 per unit were reduced in plant two, three and four. The relief will be adjusted in the fuel adjustment.