NEPRA approves increased in power tariff

By jazbablog - Wed Jan 25, 12:12 am

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Rs 6.50 hike for power tariff of Islamabad Electric Supply Company (IESCO) and Peshawar Electric Power Supply Company (PESCO).

The NEPRA has said that this increase has been approved for the current fiscal year.
Officials said that power tariff of IESCO and PESCO have been increased from Re 1 to Rs 6.50.

Power tariffs for commercial consumers have been raised to Rs 5, industrial consumers to Rs 5 while tariff for domestic consumer has been raised to Rs 6.50.

Power tariff for agriculture consumers have been raised to Rs 3.30.

NEPRA said that IESCO would earn Rs 85 billion from this hike while PESCO would earn Rs 71 billion from the power hike
.
The NEPRA argued that the increase has been approved in view of increasing power generation cost.