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Thursday, December 4, 2008

NEPRA Approves Increase in Electricity Tariff


LAHORE: The National Electric Power Regulatory Authority (NEPRA) has allowed the power supply companies to increase their power tariff from Rs 1.18 to Rs 2.13 per unit.

According to A Pakistan News, the increase has been allowed “in respect of the monthly adjustment of power purchase price for the month of October”. A proposal in this regard has been sent to the federal government for approval.

“A summary favoring a gazette notification has been sent in this regard to the government for immediate approval,” said news reports.

The decision follows applications by power supply companies seeking an increase in power prices to adjust for an increase in power purchase prices in October.

NEPRA approved an increase of Rs 1.18 per unit for the Hyderabad Electric Supply Company (HESCO), Rs 1.27 per unit for the Islamabad Electric Supply Company (IESCO), Rs 1.39 per unit for the Multan Electric Supply Company (MESCO), Rs 1.76 for the Faisalabad Electric Supply Company (FESCO), Rs 1.78 for the Gujranwala Electric Supply Company (GESCO), Rs 1.85 for the Quetta Electric Supply Company (QESCO) and an increase of Rs 2.13 per unit for the Peshawar Electric Supply Company (PESCO).


this news published by www.apakistannews.com