NEPRA approves increase in electricity price up to Rs 7.91 per unit. The main reasons for the increase in tariffs are the depreciation of the rupee, capacity costs and rising fuel prices in the global market.
NEPRA sent the decision to the government after the approval, after which the government will issue a notification to increase the price.
According to the announcement, NEPRA’s average tariff has been increased from Rs 16.91 to Rs 24.82 per unit. The main reasons for the increase in tariffs are the depreciation of the rupee, capacity costs and rising fuel prices in the global market.
According to NEPRA, the purchase price of energy is estimated at Rs. 1152 billion, capacity cost including NTDC and HVDC is estimated at Rs. 1366 billion, the total revenue of Discus is estimated at around Rs. 2805 billion.
According to NEPRA, Mepco, Pesco, Gapco, Hesco, Sepco, Casco and Tesco have been allowed to invest about Rs. 406 billion for investment program in distribution system over a period of 5 years. Also reduced from 13.46% to 11.70%.
According to NEPRA, the fixed tariff has been sent to the federal government for notification. Had given
In its statement, NEPRA said that ISCO, LESCO and Fesco had applied for annual adjustment as per the approved multi-air tariff. The authority has fixed tariffs for the financial year 2022-23 in its decisions.