Govt to refund excess electricity charges, reduce rates
The government has decided to refund the extra charges collected from electricity consumers, with a potential reduction in electricity prices by 30 paisa per unit.
The NEPRA authority has scheduled a hearing on this matter for tomorrow.
The Central Power Purchasing Agency (CPPA) has submitted a request for the monthly fuel adjustment for February, proposing a decrease in electricity prices.
In February, a total of 649.5 million units of electricity were generated, while 666.6 million units were supplied to electricity companies.
According to CPPA, the cost of electricity per unit in February has been reported at 8.22 rupees, while the reference cost was set at Rs8.52 rupees.
The majority of electricity generation has come from hydropower, accounting for 27.12%, followed by nuclear fuel at 26.59%, local coal at 15.02%, and imported LNG at 14.11%.
Following the NEPRA hearing tomorrow, a final announcement regarding the reduction in electricity prices is expected, which aims to provide relief to the public.
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