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NEPRA Hearing: Petition to Modify Tariff for 7.64 MW Marala Hydropower Project (Punjab Power Development Co.)

NEPRA Hearing · Islamabad · Dunya,

Notice advertisement published in Dunya on Friday, 9 October 2026, listed under Islamabad. Issued by NEPRA Hearing.

Newspaper clipping: NEPRA Hearing: Petition to Modify Tariff for 7.64 MW Marala Hydropower Project (Punjab Power Development Co.), Dunya, 09 Oct 2026 Open the full-size clipping
Original clipping · Dunya · 09 Oct 2026 · tap to zoom

Advertisement details

Issuer: National Electric Power Regulatory Authority (NEPRA). Petitioner: Punjab Power Development Company Limited. Purpose: Admission and hearing of a tariff modification petition for the 7.64 MW Marala Hydropower Project.

Project / Salient FeaturesDetails
Installed capacity7.64 MW
Auxiliary consumption1%
Annual energy (claimed)49.995 GWh (reference)
Reference tariffYears 1–20: Rs. 9.1177/kWh; Years 21–30: Rs. 8.5358/kWh

The petitioner requests the following modifications to the tariff determination:

Requested ModificationDetails
Annual energy benchmarkReduce from 49.995 GWh to 34.045 GWh
Generation licence expiryExtend GL expiry date to align with 30-year PPA term
Insurance treatmentAllow pass-through of insurance capped at 0.8% of EPC cost; reduce operational insurance cap from 1.35% to 0.8% or actual cost, whichever is lower
Taxes and dutiesAllow pass-through of applicable Income Tax, Sales Tax, Excise Duty or other duties, levies, surcharges on sale of electricity; exclude 7.5% dividend withholding tax as a pass-through item
Tariff structureChange from Take-or-Pay to Take-and-Pay with must‑run status; hydrological risk to remain with the seller; excess generation to be compensated at 10% of tariff
O&M indexationInclude fixed and variable O&M components in tariff and index them annually with respect to CPI only
Currency indexationDiscontinue upward USD indexation of return components from 01 Jan 2006; fix exchange rate at PKR 290.55/USD with PKR appreciation to be passed on annually
Water use chargeExclude water use charge payable to Government of Punjab from tariff from the Effective Date

Hearing details:

Date & Time: 2026-10-20 (Tuesday), 2:00 PM.
Venue: NEPRA Tower, Islamabad, and via Zoom: https://us02web.zoom.us/j/81977346182 (Meeting ID: 819 7734 6182).

Participation and filings: Any interested person may file an intervention request or submit written comments within seven (7) days from the date of publication of the notice. Comments filed by interveners and other parties will be considered in the proceedings; participants may also make oral submissions at the hearing. Details for filing and required lists/documents are available from NEPRA.

Contact / Filing address: Registrar NEPRA, Wasim Anwar Bhinder; NEPRA Tower, Ataturk Avenue, G-5/1, Islamabad. Phone: 051-2013200; Fax: 051-2600021; Email: [email protected]. Petition and list of issues available at NEPRA website: www.nepra.org.pk.

Published in Dunya on Friday, 9 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

Dunya · 09 Oct 2026
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