After getting a nod from the government, the National Electric Power Regulatory Authority (NEPRA) has increased electricity prices, once again.
A notification was issued in this regard on Wednesday which confirms a hike of Rs. 1.80 per unit for the month of February.
The hike has been approved under the fuel price adjustment for January, putting an extra burden of Rs. 13.5 billion in the coming month. The new tariff will be applicable on all the power distributors except for K-Electric.
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NEPRA has blamed the Central Power Purchasing Agency (CPPA) for the increase.
According to NEPRA officials, the CPPA used furnace oil for electricity production instead of Liquified Natural Gas (LNG) which proved costly. The fuel adjustment prices could have been reduced had the CPPA used LNG in power production, he added.
NEPRA says it has requested a written explanation from CPPA on the matter, but have not received any response as yet.
Can you provide me the source? There is no notice on the NEPRA website regarding approval. The CPPA has requested to increase the tariff by 1.9382 PKR/kwh from the reference rate of 5.7576 PKR/kwh.
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