Power Division has reportedly requested Cabinet Division to expedite final approval of Rs1.55 per unit hike for K-Electric consumers under the quarterly tariff adjustment (QTA) mechanism for ensuring uniform tariff across the country.

Uniform tariff policy Power Div seeks Rs1.55 unit hike in KE tariff

This raise will be in addition to what was recently approved by the National Electric Power Regulatory Authority (Nepra) a couple of days ago. Power Division’s Section Officer Syed Mateen Ahmed in a letter to Cabinet Division has stated that the ECC considered the summary on July 20, 2022 and recommended it for approval of Federal Cabinet. However, Cabinet approval/ ratification has not yet been conveyed to Power Division.

He said the matter is of urgent importance as it involves financial implication for power sector. The billing cycle for the month of August starts from August 7, 2022 and in order to implement the recovery during next three months there is a need for approval of Government to submit motion for change in schedule of tariff before Nepra well in time. Power Division has requested Cabinet Division to share updated status on the matter and requested to expedite the matter to enable it for proceeding ahead for filing the motion before Nepra in time and avoid any financial loss to the sector.

Source: This news is originally published by brecorder

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