Nepra approves Rs 4.42 per unit reduction in power tariff

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The National Electric Power Regulatory Authority (Nepra) on Thursday approved an Rs 4.42 per unit reduction in power tariff under fuel price adjustment for the month of February.

This decision was made during a public hearing chaired by NEPRA Chairman Tariq Sadozai. In a petition, Central Power Purchasing Agency (CPPA) has sought adjustments of variation incurred in the fuel cost for power generation last month. Earlier, the CPPA, in its petition submitted with the regulator, sought Rs 4.62 per unit reduction in power price on account of monthly fuel price adjustment. However, the regulator by approving Rs 4.42 per unit decrease in power prices approved Rs 25 billion worth relief for all power consumers except K-Electric and life line consumers.