Sigh of relief as NEPRA reduces power rates by Rs2.31 per unit

The meeting to discuss the Central Power Purchasing Agency's (CPPA) appeal to lower the power rate was presided over by Chairman NEPRA.

NEPRA authorised a decrease in the power tariff during the hearing today, and the 18.7 billion in relief will be reflected in bills for February.

However, NEPRA insisted that K-Electric and lifeline customers will not have their electricity rates reduced. A thorough conclusion will be made public later by the power regulator.

The CPPA-G was previously held accountable for load shedding across the nation in a meeting called by Nepra because it failed to pay power plants for fuel, causing them to shut down. Due to a shortfall of up to 5000 MW, the nation may experience load shedding for up to 6 to 10 hours every day.