REDUCTION IN TARIFF OF THE NUCLEAR POWER PLANTS

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NEPRA in a landmark decision has reduced the Return On Equity (ROE) component
of three Nuclear Power Generation Plants, the C-2, C-3 and C-4 having a cumulative net
capacity of 931 MW which will 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.
2. It is apprised that the above Nuclear Power Generation Plants in line with Cabinet
Committee on Energy (CCOE) decision of 27th August 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 13th January,
2021 and subsequently decided today, the 24th of February, 2021 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.