Published On: Wed, Dec 18th, 2013
Published in Category: Islamabad

NEPRA rejects price hike

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Islamabad: National Electric Power Regulatory Authority (NEPRA) has rejected the petition seeking fuel charges adjustment for the month of November

The Central Power Purchasing Agency (CPPA) has requested to raise power price up to 45 paisa/unit.

Instead, NEPRA has asked NTDC and CPPA to present electricity purchase and production record.

Acting Chairman NEPRA said details given in the petition should be presented afresh and added that summaries prepared by clerks should not be submitted.

Acting Chairman NEPRA, Khawaja Mohammad Naim has ordered for the recovery from power generation companies the payments made to them on account of gas infrastructure development.

NEPRA calling for details from the CPPA said that despite the stay order, payments were made and billions of rupees were not deposited in the national exchequer.

According to NEPRA authorities re-hearing of the application will be held after the submission the record regarding the raise in the fuel prices. We cannot overburden the poor consumers.
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