NEPRA concludes hearing into FCA for May

News Image

MG News | June 29, 2021 at 05:19 PM GMT+05:00

0:00

June 29, 2021: National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded a public hearing into monthly fuel cost adjustment (FCA) for May.

The hearing was presided over by NEPRA Chairman Tauseef H Farooqi. Member Khyber Pakhtunkhwa Engineer Masood Anwar Khan, Member Sindh Rafique Ahmed Sheikh and Member Balochistan Rehmatullah were also present on the occasion.

Central Power Purchase Agency (CPPA-G) on behalf of X-WAPDA DISCOs in a petition sought a reduction of 12 paisa per unit for May under monthly fuel adjustment mechanism.

NEPRA calculated a decrease of 28 paisa per unit in the tariff. The consumers would get a benefit of Rs.3.60 billion on account of FCA adjustment for the month of May. The relief would be passed on to the consumer in next month's billing.

However, the NEPRA would issue its detailed decision after reviewing all statistics.

It was told that 600 MMCFD gas was provided against the demand of 800 MMCFD to the power plants.

The authority observed that in-efficient power plants were run as compared to efficient powers plants during May. The Chairman NEPRA also expressed dismay over NTDC's in-efficiency in the transmission system.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes


July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg