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NEPRA Ask DISCOs to Improve Performance in 15 Days for Reducing Electricity Tariff

admin-augaf by admin-augaf
August 30, 2023
in Business, Finance
Reading Time: 1 min read
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NEPRA Increased Electricity Prices by PKR 4.34 per unit for DISCOs

NEPRA Increased Electricity Prices by PKR 4.34 per unit for DISCOs

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Islamabad August 30 2023: The National Electric Power Regulatory Authority (NEPRA) on Wednesday directed the power distribution companies (DISCOs) to improve their performance in 15 days and submit a report in that regard.

“NEPRA will conduct a hearing after three weeks to review the performance of DISCOs”, a news release said.

NEPRA heard the request of Central Power Purchasing Agency (CPPAG) regarding monthly fuel adjustment charges of Rs 2.07 per unit for the month of July. However, during the hearing the CPPAG reviewed its request from Rs. 2.07 to Rs. 1.57 per unit raise on account of FCA.

The Authority asked as to why the cost of electricity production with coal was higher despite the decrease in the price of coal while asking the CPPGA to submit performance report of coal power plants. It observed that some expensive power plants were being run due to low capacity of Gatti and some other grids for last few years.

The Authority asked National Transmission & Despatch Company (NTDC) to submit a report as to why the capacity of Gatti and some other grids was not increased. NEPRA also directed the DISCOs to take action for reducing line loses and stopping electricity theft.

Tags: DISCO
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