Power tariff hike may add Rs29.5b burden
“Electricity consumers, including those in K-Electric's service areas, may face an additional financial burden of Rs29.5 billion following a proposed Rs1.73 per unit increase in tariffs under the fuel …”
The National Electric Power Regulatory Authority (NEPRA) on Tuesday conducted a public hearing to review a petition submitted by the Central Power Purchasing Agency (CPPA), seeking an increase of Rs1.73 per unit in electricity rates. The regulator reserved its verdict and said it would issue a detailed decision after thoroughly reviewing the financial data and calculations presented during the proceedings.
CPPA officials 20.7142 billion of the total amount was directly linked to payments to Independent Power Producers (IPPs). Total power generation in August stood at 14.464 billion units, produced at an average cost of Rs8.82 per unit, against a reference price of Rs7.0998 per unit.
Hydropower dominated the energy mix, accounting for 37.84% of total generation, followed by imported coal at 15.59%. Other sources included local coal, which contributed 10.86% of total generation, Liquefied Natural Gas (LNG) at 8.48% and local gas at 7.04%.
"Stay connected with Aman-e-Pakistan for ongoing live reporting and verified investigative updates."
LNG-based generation emerged as the most expensive component of the power supply, with its cost peaking at Rs45.92 per unit. the CPPA, several power generation units submitted substantial adjustment claims.
These included Rs1.3246 billion for Chashma Nuclear Power Plant (C2), Rs528.1 million for Tavanir Iran, Rs183.8 million for Punjab Thermal Power Private and Rs159 million for Thar Coal Block-I Power Generation Company.
Other claims filed by individual entities included Rs36.1 million, plus an additional Rs1.6 million in CV adjustments, for Nishat Power Limited; Rs26.3 million for Engro Powergen Thar; Rs13.9 million for Narowal Energy Limited; and Rs286,000 for Lucky Electric Power Company. In addition, a provisional adjustment of Rs10.6168 billion, covering July and August, has been carved out for RLNG-fired power plants.
Continue Reading: More in National
Swipe or click arrows to explore National desk coverage
