The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs. 0.42 per unit in the power tariff on account of the quarterly adjustment. It held the public hearing to determine the quarterly tariff adjustment petition filed by the Power Distribution Companies (DISCOs) from January to March 2022.
The NEPRA will issue a detailed decision on the revised tariff after scrutinizing the data submitted by the DISCOs.
The National Electric Power Regulatory Authority (NEPRA) has raised the privatization of power companies at all levels. “We have to honour the agreements made with the power plants,” said Tauseef Farooqui, chairman of NEPRA.
The NEPRA completed the hearing and approved an increase of Rs. 0.42 per unit to be charged to consumers in the following three months. Farooqui said that circular debt in the energy chain is a crucial challenge for Pakistan’s energy sector.