Nepra rejects tariff review sans industry input
ISLAMABAD: Amid a government request for about Rs36.52 billion in additional recovery from power consumers in September for using expensive LNG imports and a similar burden expected the following month, the National Electric Power Regulatory Authority (Nepra) on Thursday announced that it would reject the special tariff incentive package if it was finalised without consulting the industry. At a…
Islamabad: Nepra has stated it will reject a special tariff incentive package unless industry input is consulted, following a request for Rs36.52 billion in additional recovery from power consumers. A public hearing revealed many industrial concerns, including unfair coal imports and the export of furnace oil at subsidized rates while imposing levies on domestic consumption.
Nepra also noted that the government had directed the Power Division to conduct the review within six months, but no consultation had occurred yet. Importing RLNG for system stability and returning the Karachi Nuclear Power Plant to full generation by Aug 31 further added to the burden, with RLNG prices set to rise further in August.
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