Nepra cuts power tariff for three regions

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ISLAMABAD:

National Electric Power Regulatory Authority (NEPRA) determined a reduction of Rs 3 per unit in tariff for the distribution companies of Islamabad, Faisalabad and Peshawar on Thursday.

The regulator did not entertain policy guidelines of the government seeking financing of Rs 415 billion loans and other inefficiency costs through the tariff.

Determinations for seven other distribution companies will be released later but the regulator has set basic principles for all.

In the case of the Peshawar Electric Supply Company, the regulator, however, allowed around Rs4.5bn cost in the shape of two per cent system losses to be charged from consumers because of limitations arising out of the security situation in Khyber Pakhtunkhwa.

The same principle was expected to the followed in the case of Quetta, an official said.