Power tariff scaled down by paisas 44 per unit for April.

ISLAMABAD: National Electric Power Regulatory (NEPRA) has approved 44 paisa per unit reduction in power tariff under monthly fuel adjustment (FCA) for April.

The Central Power Purchase Agency (CPPA-G) on behalf of X-WAPDA DISCOs had sought reduction of 84 paisa per unit having impact of Rs 8.5 billion for April under monthly fuel adjustment mechanism.

The regulator held a public hearing on June 2 into FCA for April, said a notification issued here Monday.

However, the Authority approved negative FCA of 44 paisa having benefit of Rs 4.4 billion for consumers.

The Authority in its earlier FCA decisions for the months of August & October 2020 provisionally deducted Rs.7.5 billion on account of deviation from efficient merit order (EMO). However, based on the information/data submitted by NPCC/NTDC, the Authority has reworked the aforementioned impact and has decided to allow Rs.4.4 billion out of the previously...