CPPA recommends Rs1.52 per unit hike in power tariff

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to approve a Rs1.52 per unit hike in power tariff under fuel cost adjustment (FCA) for the months of October and November 2020.

According to NEPRA, the Central Power Purchasing Agency, on behalf of power distributing companies (DISCOs), has sought an increase in power prices, for which an online hearing would be held on 30th December, 2020.

As per details, the CPPA has sought 57-paisa per unit hike for the month of October and 95-paisa per unit increase for November 2020.

The power generation cost in October remained at Rs4.11 per unit while reference fuel cost for the said month was fixed at Rs3.75 per unit. Similarly, the cost of electricity production remained at Rs3.42 per unit in November while reference fuel cost was set at Rs2.48 per unit.

Article continues after this advertisement

Pursuant to Section 31 (7) of the NEPRA Act (XL of 1997) and the mechanism for monthly fuel price adjustment prescribed by the authority in the tariff determination of Ex-WAPDA DISCOs, NEPRA may on monthly basis make adjustments in the approved tariff on account of any variations in the fuel charges and policy guidelines.

Based on the information provided by CPPA to NEPRA, a total 30.99pc electricity was produced with hydel sources in October 2020, whereas 18.70pc electricity was produced with coal, 0.06pc with high-speed diesel (HSD), 1.51pc with residual fuel oil (RFO), 11.18pc with gas, 27.83pc with re-gasified liquefied natural gas (RLNG), 6.98pc with nuclear, 0.40pc electricity imported from Iran, 1.31pc with wind source, 0.23 with mixed source, 0.22pc with baggasse, and 0.59pc with solar energy.

Likewise, a total of 30.99pc electricity was generated with hydel source in November 2020, whereas 18.70pc was produced with coal, 0.06pc with HSD, 1.51pc with RFO, 11.18pc with gas, 27.83pc with RLNG, 6.98pc with nuclear, 0.40pc imported from Iran, 0.23pc with mixed sources, 1.31pc with wind, 0.22pc with baggasse, and 0.59pc with solar energy.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Must Read

Tech sector continues to thrive, prosper: WIPO report

Despite the economic devastation wrought by Covid-19, the new technology sector continued to thrive and prosper last year, the UN’s World Intellectual Property Organisation’s...