After questioning the justification for furnace oil-based expensive power generationNational Electric Power Regulatory Authority (Nepra) on Tuesday, reserved judgment on 86 paisa per unit increase in electricity rates demanded by ex-wapda distribution companies (Discos).
“This step was taken after having analysis regard to the statement made by National Power Control Center (NPCC) during the course of hearing”, said by the regulator after a public hearing presided over by Vice Chairman Saifullah Chatta and attended by three other members.
The case officials before finish of the conference said they proposed around 84 paisa for each unit increment in levy with an income effect of Rs12 billion. Notwithstanding, as the TV channels run tickers around 84 paisa rise, Nepra gave an announcement saying “as on today, no decision of the authority on the subject matter has been made”.
Yet, this had just made waves in the political circles. PML-N President Shahbaz Sharif emphatically responded to the implied tax increment and named it an extraordinary mercilessness.
