Nepra notifies Rs25.30 per unit revised special industrial tariff despite concerns
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified a Rs25.30 per unit revised incremental consumption package (ICP) for industry and agriculture to encourage higher consumption. The order comes despite dissenting notes from two of its four members on Friday, when the authority made the announcement, and protest from industrial consumers. The revised ICP…
The National Electric Power Regulatory Authority (Nepra) has announced a revised special industrial tariff of Rs25.30 per unit for industry and agriculture. This decision, which replaces the previous rate of Rs22.98 per unit introduced in December, aims to encourage higher consumption. However, the change has faced criticism from two Nepra members and industrial consumers, who argue that it will increase fuel costs and burden all consumer categories.
The dissenting members contend that the revised rate lacks a credible link to the actual marginal cost, and that the actual cost is Rs31.83 per unit. Nepra's Chairman Waseem Mukhtar approved the revised rate with a casting vote, despite the dissent. The authority faces a deadline to submit the required information or risk the suspension or termination of the program.
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