National Electric Power Regulatory Authority (Nepra) has reduced the Return on Equity (RoE) and Return on Equity During Construction (RoEDC) of 12 thermal plants.
The cumulative net capacity of these 12 plants is 2,412 MW which were established under Power Generation Policy 2002. The reduction in tariff will result in estimated saving of a whooping Rs. 182 billion over the remaining life of the projects.
The twelve thermal power projects whose RoE and RoEDC have been revised are as follows ;(i) Engro Powergen Qadirpur Limited (EPQL); (ii) Attock Gen Ltd (AGL); (iii) Orient Power Company (Pvt) Ltd (OPCL); (iv) Saif Power Ltd. (SPL);(V) Sapphire Electric Company Ltd (SECL); (vi) Halmore Power Generation Company Ltd. (HPGCL); (vii) Liberty Power Tech Ltd (LPTL); (viii) Foundation Power Company Daharki Ltd (FPCDL); (ix) Narowal Energy Ltd (NEL); (x) Atlas Power Ltd (APL); (xi) Nishat Chunian Power Ltd (NCPL) and; (xii) Nishat Power Ltd (NPL).
Originally Central Power Generation Agency (CPPA-G) had filed the tariff adjustment applications for reduction in RoE and RoEDC of twelve thermal power plants.