NEPRA Approves Power Tariff Reductions

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On Tuesday, the National Electric Electricity Regulatory Authority (Nepra) authorised a drop in the power rate of Rs0.32 per unit due to the monthly fuel adjustment (MFA) for the month of October.

NEPRA has authorised a reduction of Rs 0.32 per unit in the electricity rate after a public hearing was conducted to discuss the monthly fuel adjustment (MFA).

However, the rise in the energy cost would not be applicable to lifeline users and the consumers of K-Electric, the power regulatory body stated.

According to the NEPRA chairman, a scarcity of liquefied natural gas (LNG) and an additional $300 million in costs resulted from the disobedience of the merit decision.

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