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Nepra increases electricity price by Rs1.90 per unit

The National Electric Power Regulatory Authority (Nepra) authorized an increase in power prices of Rs1.90 per unit for May due to fuel cost adjustments.

The regulatory authority announced its verdict on a petition submitted by the Central Power Purchasing Agency (CPPA) requesting a Rs 2.05 per unit hike.

Consumers would suffer an additional cost of Rs23 billion as a result of the rise in power rates. However, the price hike will not affect agricultural or lifeline users. Nepra will make a more thorough decision later.

The usage of RLNG (Regasified Liquefied Natural Gas) in place of coal was boosted in May, according to the authorities. This transition was undertaken due to the high cost of producing power from coal. Faults in the transmission lines resulted in greater losses. It reported the Gaddu-Jamshoro line had five problems in six months.

Nepra raised to worry about the transmission lines’ ongoing failures and outages, claiming that the inability to supply inexpensive power on time is an injustice to customers.

According to Nepra authorities, transmission line thefts in the southern area involve not just larceny but also workers of NTDC (National Transmission and Dispatch Company).

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Tahir Farooq

Tahir thrives on delivering breaking stories, timely market updates, and in-depth analyses of financial developments. With a keen eye for the pulse of the business world, his news reports keep you informed and ahead of the curve.
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