CPPA seeks Rs 1.85/unit cut in electricity price

 

The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to approve Rs1.85 per unit cut in the price of electricity on the account of monthly fuel price adjustment for the month of December 2016.

However, official sources at the NEPRA informed this scribe that the CPPA on the behalf of power distributing companies (DISCOs) has submitted a petition with the regulator and asked to approve a reduction in the per unit price of electricity by Rs 1.85/unit for the month of December under monthly fuel price adjustment.

The CPPA sought relief for the masses due to difference incurred between reference fuel cost (RFC) and actual fuel cost. “Reference fuel cost for December was fixed at Rs8.10/unit, while actual fuel cost remained at Rs 6.24/unit,” sources said.

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Sharing details of CPPA’s plea, the officials said electricity generation cost with coal source was registered at Rs 4.49/unit, electricity with HSD at Rs12.3, furnace oil Rs8.65, gas Rs 5.28, LNG Rs7.4, nuclear Rs 0.60, and the cost of electricity imported from Iran remained at Rs10.63/unit in the month of December 2017.

The NEPRA has convened a hearing on January 26 to give its final decision over CPPA’s petition. However, domestic lifeline consumers, agri consumers and the consumers of K-Electric will not get benefit from the decision even if the NEPRA approves a reduction in power tariff, the officials added.

It is also learnt that K-Electric in a separate tariff petition has sought 40 paisa hike in power price and NEPRA would hold a hearing on January 26 to give a final verdict on the plea filed by the K-Electric.

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Ahmad Ahmadani
The author is a an investigative journalist at Profit. He can be reached at [email protected]
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