Islamabad May 15 2022: The National Electric Power Regulatory Authority (Nepra) on Thursday approved a hike in the power tariff by Rs7.9 per unit to pass on the impact of of an increase in fuel prices, fixed payments to Independent power producers and the impact of the rupee's devaluation.
In a brief, the power regulator said: "The tariff has been determined for the FY2022-23, which on national average is Rs.24.82 per unit, higher by Rs.7.9078 unit than the prevailing national average tariff of Rs16.91 per unit."
The brief by the regulator also said that the energy purchase price was projected at Rs1.5 trillion, while the cost of capacity charges was projected as Rs1.3 trillion.
"Total revenue requirement of XWDiscos, including Discos margin and prior year adjustment, is projected as Rs2.8 trillion with projected sales of 113,001 gigawatt hours (GWh)," it said.
Mepco, Gepco, Hesco, Sepco, Qesco, Pesco and Tesco have been allowed an investment of around Rs406 billion for their distribution investment programme for the five-year period, the regulator said, adding that the technical and distribution losses of XWDiscos were reduced from 13.46 per cent to 11.70pc for the FY 2022-23.