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Gul Ahmed Energy Ltd files tariff petition with NEPRA for extension of PPA

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April 19, 2019 (MLN): Gul Ahmed Energy Limited has filed a tariff petition with National Electric Power Regulatory Authority (NEPRA) to determine tariff for the proposed extension of the PPA for further five years from November 3, 2019 to November 2, 2024, for its 136.17 MW Power Plant at reference site conditions, on RFO fuel.

The power plant is located at Korangi Industrial Township, Karachi and the power generated from it is supplied to K-electric. Gul Ahmed has proposed a tariff control period of 5 years.

The petitioner has proposed a total tariff of Rs.12.0174 per kWh which is disintegrated into Rs.1.268 per kWh for capacity charge at 100% Pf and Rs.10.7494 per kWh as for energy charge.

Furthermore, the reference fuel price is assumed at Rs.42, 282.71 per ton (HHV), which includes the transportation cost of fuel to site.

Apart from this, cost of working capital is assumed at Rs.2 billion (3 month KIBOR + 2% spread).

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Posted on: 2019-04-19T11:59:00+05:00

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