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NEPRA approves hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) approved hiking the power tariff while allowing some exemptions, a notification issued in this regards said. Per the notification, NEPRA said it has approved a hike of Rs0.64 per unit as fuel price adjustment for February, which will be included in the bills of April. It further mentioned that customers who utilise ... Read More »

Hydropower tariff reduced by Rs1.56 per unit

ISLAMABAD: Hydropower tariff has been reduced by Rs 1.56 per unit. According to a statement issued by NEPRA, the average generation tariff for hydropower for the current financial year has been fixed at Rs 4.11 per unit. The NEPRA hydropower tariff includes a net profit of 96 paisa per unit. According to the statement, the average tariff for hydropower was ... Read More »

Govt plans to increase power tariff by Rs3.9 per unit: report

ISLAMABAD: The government plans to increase power tariff by Rs3.4-3.9 per unit for the consumers utilising 300 units a month and private agriculture consumers. The development comes under the head of FCA (Fuel Charges Adjustment). To this effect, the Power Division (PD) has sent a summary to Economic Coordination Committee (ECC) that is scheduled to meet today (Wednesday). It will ... Read More »

NEPRA approves supply of additional 150MW to K-Electric

KARACHI: The National Electric Power Regulatory Authority (NEPRA) has approved a tripartite power purchase agreement (TPPA) among K-Electric, National Transmission and Despatch Company (NTDC) and Central Power Purchase Agency (CPPA) for 150MW additional power supply to Karachi from the national grid. The Economic Coordination Committee (ECC) of the cabinet had already approved the additional 150MW power supply to Karachi. The ... Read More »

NEPRA to review agreements between govt & IPPs on March 3

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has decided to review the agreements reached between the government and Independent power producers (IPPs). The authority will hold a hearing on March 3. NEPRA will hear the Central Power Purchasing Agency (CPPA)’s petition regarding tariff adjustment with IPPs. During the hearing, the agreements between power plants and Jahangir Tareen’s JDW Sugar Mills, ... Read More »

KCCI urges NEPRA to declare KE’s plea as ‘infructuous’

KARACHI: Senior Vice President Karachi Chamber of Commerce & Industry Saqib Goodluck, while referring to NEPRA’s public hearing on Fuel Cost Adjustment (FCA) and Quarterly Tariff Adjustment (QTA), urged NEPRA to declare K-Electric’s plea as ‘infructuous’ and reject it immediately while the Gas Infrastructure Development Cess (GIDC), instead of being imposed on consumers, should be made part of the subsidy ... Read More »

Rs2.97/unit cut: Discos directed to pass on Rs19b relief in Jan 2015 bills

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) notified all electricity distribution companies (Discos) to pass on relief to the tune of Rs19 billion to all power consumers, except that of K-Electric and lifeline, by slashing power tariff by Rs2.97 per unit in the electricity bills for January 2015. The power tariff cut has been announced in the head of ... Read More »

NEPRA reduces power tariff by 47-paisa/unit on PM’s directive

ISLAMABAD: National Electric Power Regulatory Authority’s (NEPRA) has cut down the electricity tariff by Re 0.47.  The details were submitted by the Ministry of Water and Power in lieu of the Monthly Fuel Price Adjustment for the month of October 2014. The Ministry of Water and Power had submitted details of the fuel mix to slash the tariff for consumers ... Read More »

PM Sharif orders NEPRA to cut 46-paisa in power tariff

ISLAMABAD: Prime Minister Nawaz Sharif has ordered a 46-paisa per unit reduction in power tariff. The federal ministry of water and power said that the reduction would be made under the monthly fuel adjustment head for the month of October. The National Electric Power Regulatory Authority will issue a notification in this regard. Read More »

Saddozai assumes charge as Nepra Chairman

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has finally got its chief as Tariq Saddozai has taken the charge as its Chairman. Tariq Saddozai was born in November 1955 and did his graduation from NED Engineering University Karachi. He has been managing KESC as Managing Director in 2001. He has been moved in from Pesco (Peshawar Electric Supply Company), ... Read More »

Lucrative tariff: PakGen considering switching 365MW power plant to coal

ISLAMABAD: What can be described as lucrative tariff offered by the Nepra recently, Independent Power Producer Pakgen Power limited is mulling to convert its furnace-fired 365 MW power plant into coal-fired to get benefit of one of the most lucrative coal based tariff. The Nepra has, recently, announced a lucrative tariff for power generation from coal-fired plants to attract fresh ... Read More »

Govt tactfully cuts Rs1.50 per unit subsidy on electricity to appease IMF

ISLAMABAD: The government in a bid to meet IMF demands has tactfully cut Rs1.50 per unit subsidy on electricity, it has been learnt. According to the authorities of Ministry of Water and Power, in order to cut the subsidy an Electricity Equalization Surcharge of Rs1.50 per unit has been imposed. With this development, the electricity consumers with the exception of ... Read More »

Power ministry increases electricity tariff by Rs1.5 per unit in garb of equalisation surcharge

ISLAMABAD: In a bid to befool the poor masses, the government threw another electricity bomb on power consumers by imposing another equalisation surcharge at an average rate of Rs1.5 per unit to appease IMF, it was learnt. The new surcharge will be imposed on consumers of all electricity distribution companies, except K-Electric, with retrospective effect from October 1 that would ... Read More »

ECC okays 20pc duty on wheat import, Rs12b loan guarantee for PIA

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of Finance Minister Ishaq Dar, has decided to impose 20 per cent regulatory duty on the import of wheat due to rising trend of wheat imports despite a very good crop in the country. Meanwhile, the ECC also approved government guarantee for loans to PIA amounting to Rs12 ... Read More »

NEPRA increases power tariff by 52 paisa, consumers to pay Rs4.5b

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has once again increased power tariff by 52 paisa per unit on account of monthly fuel price adjustment despite a plunge in the price of furnace in the international oil market. Nepra acting Chairman Habibullah Khilji took the decision during a public hearing. The power consumers will now have to pay Rs4.5 ... Read More »

Industrialists reject Rs 0.52 per unit increase in power tariff

PVMA chairman says energy crisis is pushing industrialists to shut down their businesses     KARACHI: Industrialists and traders have rejected the inflated power tariff by the National Electric Power Regulatory Authority (NEPRA). Pakistan Vanaspati Mills Association (PVMA) Chairman Atif Ikram Sheikh said in a statement on Monday. He said the continuous increase in electricity tariff has made it difficult for business community ... Read More »

Nepra to impose new electricity tariff after Power Ministry’s approval

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday okayed hike in power tariff by Re 0.52 per unit under fuel adjustment. Central Power Purchasing Agency (CPPA) had sought increase over Re 1 per unit, stating that production exceeded Rs 60.53 billion expenses due to additional usage of fuel during September. However, Nepra approved Re 0.52 increase in electricity tariff. ... Read More »

NEPRA upsets consumers with 52 paisa hike to meet Rs60.53b expenses

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday okayed hike in power tariff by Re 0.52 per unit under fuel adjustment. Central Power Purchasing Agency (CPPA) had sought increase over Re 1 per unit, stating that production exceeded Rs 60.53 billion expenses due to additional usage of fuel during September. However, Nepra approved Re 0.52 increase in electricity tariff. ... Read More »

NEPRA hikes power tariff by 52 paisas on users of 50-plus units

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday okayed hike in power tariff by Re 0.52 per unit under fuel adjustment. Central Power Purchasing Agency (CPPA) had sought increase over Re 1 per unit, stating that production exceeded Rs 60.53 billion due to additional usage of fuel during September. However, Nepra approved Re 0.52 increase in electricity tariff. The ... Read More »

NEPRA to drop bombshell on power consumers with 52 paisa/kwt hike

ISLAMABAD: For September, Nepra is expected to permit a further hike of 52 paisa per kilowatt hour, in the tariff of ex-Wapda distribution companies (Discos). The figures provided by the Central Power Purchasing Agency say that a total of 9125 Gigawatts hours (Gwh) electricity was generated during the month of September, while 8,934.91 (GWh) electricity was delivered to Discos worth ... Read More »