Power tariff freedom provided by NEPRA: ISLAMABAD: Head Of State Arif Alvi on Thursday promulgated the National Electric Power Regulatory Authority (NEPRA) Act (Change) Ordinance 2021.
Under the new regulation, National Electric Power Regulatory Authority (NEPRA) has been offered autonomy pertaining to electrical power costs. The government was allowed to enforce a 10 percent additional charge on power consumers.
The government was authorized to impose Rs 1.40 per unit additional charge on power. Resources said that the federal government can currently enhance the power toll as much as Rs5.5 each during the following two years.
After the change in NEPRA Act, the power customers will need to birth Rs700 billion extra burden, the resources included.
Previously on March 9, the National Electric Power Regulatory Authority (NEPRA) had accepted a walking of Rs 0.89 per unit in the price of power.
The most up to date boost had been made therefore variants in the gas charges for the month of January 2021. Nepra had claimed K-Electric consumers were exempted from the tariff boost. The brand-new power prices would be applicable after the issuance of a notice by the federal government in this regard.