NEPRA notifies 26 paisa reduction in power tariff for May

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Islamabad

The National Electric Power Regulatory Authority (NEPRA) on Monday notified 26 paisa reduction in power tariff for May under the monthly fuel cost adjustment (FCA) mechanism.

The Central Power Purchase Agency (CPPA) had sought reduction of 12 paisa in the tariff, having Rs 1.5 billion benefit to the consumers for the said period.

However, the authority approved 26 paisa reduction in the tariff, having benefit of Rs.3.3 billion for consumers. The regulator held public hearing into the CPPA petition on June 29.

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