Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

NEPRA raises power tariff by Rs3.99 per unit under FCA

NEPRA raises power tariff by Rs3.99 per unit under FCA
NEPRA raises power tariff by Rs3.99 per unit under FCA
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

May 31, 2022 (MLN): National Electric Power Regulatory Authority (NEPRA) has decided to raise the power tariff price by Rs3.99 per unit under the Fuel Cost Adjustment (FCA) for April 2022.

NEPRA on Tuesday concluded a public hearing into monthly fuel cost adjustment (FCA) for April 2022 wherein Central Power Purchasing Agency (CPPA-G) has sought Rs4.05 per unit increase in power tariff for April under FCA.

Accordingly, the FCA would be applicable for only one month and its impact would be passed on to all consumers except lifeline and K-Electric. The possible impact has been calculated at over Rs52 billion.

The FCA for March was calculated as Rs2.86 per unit which was only for one month.

The CPPA-G maintained that the actual cost remained Rs 10.6641 per unit against the reference fuel charges of Rs6.6087 per unit during April.

It is pertinent to mention that a total of 12,960.41 GWh electricity was generated worth Rs 132.74bn during the said period while 12,556.37 GWh net electricity was supplied to the power distribution companies (DISCOs).

Out of total generation, as many as 18.55% of electricity was generated from hydel, 16.74% Coal, 12.07% furnace oil, 9.85% local gas, 19.42% RLNG, 17.37% nuclear, and 3.59% Wind, as reported by APP.

The regulator was told that prices of coal and furnace oil witnessed a sharp increase in the international market. Less electricity was generated through domestic gas and RLNG during the said period.

Copyright Mettis Link News

Posted on: 2022-05-31T11:49:13+05:00

33070