Nepra urges govt to correct power generation contracts
The National Electric Power Regulatory Authority (Nepra) on Wednesday called on the government to seriously work on corrections in power generation contracts to provide substantial relief amid widespread public outcry over a tariff increase of up to Rs7.12 per unit. During a public hearing, Nepra also announced it had taken notice of last month’s overbilling by distribution companies due to changes in the meter reading mechanism to ‘pro rata’ adjustment and had ordered a detailed investigation. Representatives from the power division and its subordinate companies claimed that the average tariff for the current fiscal year would be lower than the previous year’s due to fewer quarterly tariff adjustments and monthly fuel cost changes.