ISLAMABAD: The National Electric Power Authority (Nepra) has hiked power tariff from Rs1.76 to Rs2.1 per unit for bulk supply to National Transmission and Dispatch Company (NTDC) for the year 2015-16.
The power tariff was increased 27 paisa per unit for the bulk supply, as per the decision announced here Friday. The Nepra also increased net hydel profit of Khyber-Pakhtunkhwa to Rs 18.7 billion from Rs 06 billion per annum.
The Nepra announced the decision on a petition filed by Wapda, which requested the regulator to incorporate Net Hydel Profit (NHP) or Water Used Charges (WUC) at the rate of Rs 1.10 per unit for all hydel power stations payable to respective provinces and Azad Jammu and Kashmir (AJK).
Wapda had shown the revenue requirement of Rs 122.552 billion for current financial year 2015-16 as against Rs 56.214 billion determined by Nepra for 2013-14 saying the operation and maintenance (O&M) expenses (variable portion) will be Rs 1.222 billion, and O&M expenses (fixed portion) Rs 11.527 billion. The depreciation cost has been projected in the petition at Rs 5.750 billion. The Nepra has also sent a copy of the decision to the ministry of water and power.