Wednesday, May 25, 2011

Power tariff raised by Rs. 1.07

The National Electric Power Regulatory Authority (NEPRA) has allowed Power distribution companies to raise the electricity tariff by Rs. 1.07 per unit, under the monthly fuel price adjustment formula.
At the hearing, Nepra officials examined figures provided by power distribution companies which had sought an increase of Rs. 1.07 per unit as part of fuel adjustment for April, 2011. NEPRA was informed that 43 Percent electricity was generated from furnace oil in month of March and increase in furnace oil prices had an adverse impact on the cost of power generation.