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Pakistan Regulator Clears Extra 100MW Iran Power, Sets Oil-Linked Dollar Tariff

The ruling pegs dollar payments to OPEC oil prices, increasing exposure to price swings.

Overview

  • NEPRA, which issued its order Friday, approved an extra 100MW from Iran and ratified the tariff for the existing 104MW supply.
  • The tariff is paid in US dollars and links a variable charge to the monthly OPEC crude basket, with the delivered rate stated at about 12.40 US cents per kWh.
  • Amendment 8 adds a take‑or‑pay floor of 15 million kWh each month that starts once the Polan–Gabd/Jiwani line is energized, securing supply for Pakistan’s Makran coast that lacks other near‑term options.
  • The regulator rebuked CPPA‑G for filing amendments after signing them, cited breaches of EPPR 2022, and ordered on‑time submissions going forward.
  • NEPRA sent the decision for Gazette notification within 30 days and said it will publish the tariff itself if the federal government does not act in time.