NEPRA Reduces Tariff Of Nuclear Power Plants
Muhammad Irfan Published February 24, 2021 | 06:40 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Feb, 2021 ) :National Electric Power Regulatory Authority (NEPRA) in a landmark decision has reduced the Return on Equity (ROE) component of three Nuclear Power Generation Plants including the C-2, C-3 and C-4 having a cumulative net capacity of 931 MW.
It would result in saving of Rs 2.05 billion per year (average Rs 0.2515/unit) for the remaining life of the Nuclear Power Plants i.e. 25-37 years approximately, said a press release issued here Wednesday.
It is apprised that the above Nuclear Power Generation Plants in line with Cabinet Committee on Energy (CCOE) decision of August 27, 2020 have filed petitions with NEPRA for reduction in their ROE components on account of reduced ROE rate and freezing exchange rate to Rs 148/Dollar.
The NEPRA Authority under the prevailing rules and regulations has accordingly admitted the same and conducted a hearing on January 13, 2021 and subsequently decided to freeze the exchange rate at Rs.148/ Dollar and reduce the ROE from 15% to 14.5% for the remaining life of these projects.
\932
Recent Stories
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
U.S. envoy calls on Foreign Minister Ishaq Dar
Poland arrests man over suspected plan to kill Zelensky
EU wants to ease youth movement to and from UK
Police foils attempt of supply mainpuri raw material
More Stories From Pakistan
-
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
10 hours ago -
NHA restores traffic on roads affected by recent rains in Balochistan
10 hours ago -
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
10 hours ago -
U.S. envoy calls on Foreign Minister Ishaq Dar
10 hours ago -
Police foils attempt of supply mainpuri raw material
10 hours ago -
Govt making efforts to eradicate polio: DC
10 hours ago
-
Parliamentarians hail President's speech as reminiscent of state policy, rebuke Opposition's protest
10 hours ago -
Collective efforts to overcome challenges to education, say speakers at Int'l conference
10 hours ago -
RCB destroys 200 Kg of unhealthy meat
10 hours ago -
Turkish CGS calls on Army Chief, commends Pakistan Army's role in combating terrorism
10 hours ago -
CM directs to prepare wheat purchase plan for next season
11 hours ago -
Participants of management course of WAPDA Administrative Staff College meet Governor
11 hours ago