Nepra Approves Rs4.92 per Unit Extra Charge for February Electricity Usage

Nepra-tariff

Islamabad: Consumers are set to face an additional charge of Rs4.92 per unit in the upcoming month for electricity consumed in February, as approved by the National Electric Power Regulatory Authority (Nepra). This hike, categorized as additional fuel cost adjustment (FCA), will impact consumers across all ex-Wapda distribution companies (Discos), resulting in a net financial impact of approximately Rs45 billion.…

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MYT components and other adjustments: Six Discos seek Rs5 raise in tariff

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ISLAMABAD: Six power Distribution Companies (Discos) have sought increase in tariff of about Rs5 to recover about Rs750 billion, from their consumers for the year 2024-25 under indexation of Multi-Year Tariff (MYT) components and other adjustments.According to the petitions, filed with the National Electric Power Regulatory Authority (NEPRA), Quetta Electric Supply Company (QESCO) has submitted revenue requirement of Rs236.945 billion,…

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NEPRA Approves Modification in WAPDA’s Generation License

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted approval for modifications in the generation license of the Water and Power Development Authority (WAPDA), primarily concerning adjustments in auxiliary consumption across various hydel power plants and the incorporation of the 1,530 MW Tarbela 5th Extension project. Initially issued on November 3, 2004, WAPDA’s generation license has undergone several modifications,…

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NEPRA Receives K-Electric’s Fuel Charges Adjustment Request for January 2024

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The National Electric Power Regulatory Authority (NEPRA) has received a Fuel Charges Adjustment (FCA) request from K-Electric for January 2024 on a provisional basis, offering three potential scenarios for adjustment, according to sources familiar with the matter. The proposed adjustments range from Rs 3.34 per unit to Rs 8.78 per unit. Caretaker Prime Minister Anwar ul-Haq Kakar recently instructed NEPRA…

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Government Moves to Shield NEPRA and OGRA from Political Influence

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In Islamabad, the caretaker Federal Government has announced plans to amend the National Electric Power Regulatory Authority (NEPRA) and Oil and Gas Regulatory Authority (OGRA) Acts with the aim of insulating both regulatory bodies from governmental interference in future tariff notifications. Sources close to the caretaker Minister for Power and Petroleum revealed this significant decision, which was made at the…

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Regulator Calls for Urgent Reforms as Power Firms’ Performance Lags

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The National Electric Power Regulatory Authority (Nepra) has highlighted the poor performance of all power distribution companies (Discos), including K-Electric, during the fiscal year 2022-23. Nepra’s performance evaluation reports (PERs) revealed significant underperformance against set targets, resulting in cumulative financial losses of approximately Rs1 trillion annually and exacerbating the circular debt by over Rs350 billion. The evaluations, based on data…

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Nepra Approves Record Fuel Cost Adjustment Amid Government Pressure

In a significant development, the National Electric Power Regulatory Authority (Nepra) has greenlit a record fuel cost adjustment (FCA) despite initially announcing an investigation into the demand made by distribution companies (Discos). The approved hike will impose an additional burden of Rs55 billion on electricity consumers. Initially, the Discos had requested an FCA of Rs7.13 per unit, prompting Nepra to…

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Nepra Shows Leniency Towards Discos, Delays Show-Cause for Overbilling

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ISLAMABAD: Despite confirming significant over-billing by power distribution companies (Discos) during July-August 2023, the National Electric Power Regulatory Authority (Nepra) opted for a lenient approach on Friday, refraining from issuing show-cause notices to the errant companies. Instead, Nepra directed the Discos to compensate consumers for the excess charges through upcoming bills. In December, Nepra’s investigation revealed that all Discos, including…

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Electricity Bills Set to Soar as Record Fuel Costs Trigger Unprecedented Surge

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In a severe blow to already struggling electricity consumers, the Central Power Purchasing Agency (CPPA) is pushing for a staggering increase of Rs7.13 per unit in fuel charges for the upcoming bills. This move, aimed at generating an additional Rs57 billion for power distribution companies (Discos), marks the highest-ever increase in fuel cost adjustment (FCA) in history, raising concerns about…

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Escalating Energy Costs Pose Threat to Industries, Job Market, and Inflation

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Karachi: Industrialists express concerns over the rising gas and electricity tariffs, warning of potential closures of industries, unemployment surge, and inflationary pressures. President of the Federal B Area Association of Trade and Industry (FBATI), Syed Raza Hussain, highlighted the adverse effects of gas tariff hikes on small and medium-sized enterprises, emphasizing potential job losses and inflationary impacts. Industry leaders, including…

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