Power tariff likely to go up by 86 paisa per unit

ISLAMABAD: Power tariff is expected to go up as the Central Power Purchasing Agency (CPPA) has requested the National Electric Power Regulatory Authority (Nepra) to jack up electricity rates by 86 paisa on account of fuel price adjustment.

If the request is granted, the increase in power tates will be for a month on account of fuel price adjustment for electricity consumed in August.

The Nepra will decide on Oct 2 whether to raise power tariff or not.

The CPAA moved a petition before the Nepra, stating that 40.33 per cent of total power generation came from hydropower plants, 13.34 per cent from coal-fired plants, 11.87 per cent from natural gas and 22.89 per cent from LNG-fired power plants.

Whereas, power plants using furnace oil contributed 3.60 per cent of total power and nuclear power plants 4.66 per cent.

The Nepra had earlier on Sept 4 allowed an increase of Rs 1.78 per unit in power tariff on account of fuel price adjustment.

The tariff hike was made on account of the fuel price adjustment in July.

The hike was to put an additional burden of Rs 34.60 billion on electricity consumers, the power regulator said in a statement.

The power regulator said that 32.53 % of electricity was generated from hydel while 14.33 % of power was produced from coal in the month of July.

“11.81% was produced from local gas 24.51% from imported LNG. In July 5.50% power was generated from furnace oil,” the press release further adds.

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