News

Discos want Nepra to charge shockingly high prices

Power distribution companies want up to Rs28.83 per unit increase in power tariff  

July 14, 2021 10:56 PM


Twitter Share Facebook Share WhatsApp Share

The Power distribution companies (Discos) have made a request to the National Electric Power Regulatory Authority (Nepra) for up to Rs28.83 per unit increase in power tariff, 24 NewsHD TV Channel reported on Wednesday.

Three of companies sought Rs1032 billion revenue from Nepra. The companies filed a plea for an increase from Rs19.85 per unit to Rs28.83 per unit.

The recommended surge is Rs21.9 per unit for the consumers of 100 units, Rs26. 37 per unit for consumers of 200 units, Rs27.9 per unit for consumers of 300 units and Rs28.63 per unit for consumers of 700 units.

The companies wanted Rs30.27 per unit increase for commercial users, Rs30.28 per unit for the industry and 30.57 per unit for the agriculture. Nepra will hold its hearing on August 3 and 4.

The development took place a couple of days after Nepra decided to cut electricity tariff by 26 paisa per unit for lifeline consumers. The regulatory body notification said  Monday that consumers who use 50 units will be benefited while domestic consumers who has a 300-unit consumption and above were exempted from it.

The power regulator had approved an increase of up to Rs2.97 per unit in tariff for electricity consumers with effect from October 1, a report said a few days ago. According to an order along with schedule of tariff (SOT), the tariff increase includes a fresh surcharge of Rs1.25 per unit for all consumers, except residential consumers, and a quarterly adjustment of Rs1.72 per unit for all consumers. 

The SOT showed no tariff increase for domestic consumers using up to 300 units. However, an increase of Rs1.72 per unit will apply to the consumers using above 300 units.  The tariff increase for all other categories was put at Rs2.97 per unit, except for agricultural tubewells for which the increase will be Rs2.66 per unit.



Most Read

  1. Public Holiday announced in Lahore tomorrow Public Holiday announced in Lahore tomorrow
  2. Nazish Jahangir to hit any marriage proposal from Babar Azam out of the ground Nazish Jahangir to hit any marriage proposal from Babar Azam out of the ground
  3. Iranian First Lady visits Numl Iranian First Lady visits Numl
  4. Madiha Rizvi ties the knot again Madiha Rizvi ties the knot again
  5. Pakistan, Iran sign raft of accords to bolster bilateral cooperation Pakistan, Iran sign raft of accords to bolster bilateral cooperation
  6. Zara Noor Abbas inspired by Rani Mukerji Zara Noor Abbas inspired by Rani Mukerji

Opinion

  1. Islamabad becoming the hub of international diplomacy
    Islamabad becoming the hub of international diplomacy

    By Salim Bokhari

  2. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  3. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  4. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  5. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  6. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay