NEPRA likely to raise power tariff by Rs3.12 per unit

February 01, 2022: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded a public hearing into a petition of the Central Power Purchasing Agency's (CPPA-G) request for an Rs3.12 per unit increase in energy pricing for December 2021 under monthly Fuel Cost Adjustment (FCA) mechanism.

The hearing was presided over by Chairman NEPRA Tauseef H Farooq while other members Rafique Ahmed Sheikh, Rehmatullah Baloch and Engineer Maqsood Anwar Khan were also present on the occasion.

The Authority would issue a decision after verifying the statistics in this regard. The Central Power Purchasing Agency (CPPA-G) sought Rs 3.12 per unit increase in power tariff for December 2021 under the monthly Fuel Cost Adjustment (FCA) mechanism.

The CPPA-G maintained that the actual cost remained Rs 8.65 per unit against the reference fuel charges of Rs 5.534 per unit during November.

A total of 8,827.05 GWh electricity was generated worth Rs73.84 billion during the said period while 8,529.91 GWh net electricity was supplied to the power distribution companies (DISCOs).

Out of total generation, as many as 20.04 per cent electricity was generated from hydel, 23.83 per cent from coal, 2.84 per cent from high-speed diesel, 4 per cent from furnace oil, 13.77 per cent from local gas, 13.50 per cent from RLNG, 17.55 per cent from nuclear and 2.38 per cent from the wind.

The FCA for November was Rs 4.30 per unit which has already been charged in the billing of January 2022. The FCA for December was around Rs1.20 per unit less than November.

The decision would have Rs 26.4 billion financial implication which would be passed on to the consumers.

APP