Net Hydel Profit For Punjab, KP Goes Up.

ISLAMABAD -- National Electric Power Regulatory Authority (NEPRA) has allowed Khyber Pakhtunkhwa and Punjab 5 percnt annual indexation of net hydel profit (NHP) over the rate of Rs. 1.1 0/unit.

The decision will increase the Net Hydel Profit (NHP) from Rs. 1.10/unit to Rs 1.40/unit for both Punjab and Khyber Pakhtunkhwa.

In its submissions, the KP government stated that in the light of the approval of CCI in the matter of annual indexation of 5%, GoKP's indexation amount, in adherence to MoU signed between the GoP and GoKP from FY 2015 - 16 to FY 2021 -22, is Rs 21 billion.

As per the order issued by NEPRA here Friday, in accordance with Rule 16(6) of NEPRA (Tariff Standards and Procedure) Rules, 1998, read with 3(2) of the National Electric Power Regulatory Authority (Review Procedure) Regulations, 2009, the Authority hereby modifies its order approved vide its decision in the matter of Motion for Leave for Review filed by Energy and Power Department, Govt of Khyber Pakhtunkhwa against the Authority Decision dated April 5, 2021, regarding WAPDA...