Pakistan’s National Electric Power Regulatory Authority (NEPRA) has approved the revised tariff for electricity imported from Iran. NEPRA has also approved an additional payment of $11.3m to Iran Power Generation and Transmission Management Company (TAVANIR) against tariff adjustment.

The tariff will be effective until the end of 2013, will be based on a formula relating it to the price of oil, and will range from 7.05-10.2 cents per kWh.

NEPRA’s decision followed a petition filed by the National Transmission and Despatch Company (NTDC).

A spokesman for NEPRA said: “Having considered submissions of NTDC, NEPRA is of the view that the agreed rate is not only competitive, but is on the lower side when compared with the oil-based IPPs. The imported electricity will be provided to the rural areas of the Quetta Electricity Supply Company (QESCO), which are not yet connected with the national grid.”

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