Times of Islamabad

Yet another increase in electricity prices in Pakistan

Yet another increase in electricity prices in Pakistan

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) onWednesday approved 10 paisa hike in power tariff for May under monthly fueladjustment formula.

The Central Power Purchase Agency Guarantee Limited (CPPA-G) has earliersought increase in power tariff for May.

The hearing was presided over by Member Punjab Saif ullah Chatta along withMember Sindh Rafique Ahmed Shaikh.

However, the increase would not be applicable to lifeline consumers usingup to 300 units, agricultural and K-Electric consumers. The impact of hikewould be Rs.1.2 billion and it would be recovered from the consumers duringthe next month.

In a petition filed with NEPRA, the CPPA-G maintained that it had chargedconsumers a reference tariff of Rs 5.046 per unit against the actual fuelcost of Rs 5.145 per unit during the said period.

The CPPA said the total energy from all sources remained at 12,603 Gwh andthe total cost was calculated to Rs.63.78 billion with an average per unitfuel cost of Rs.5.06 per unit.

Some 29.73 per cent of electricity was generated from hydel, 28.76 per centfrom RLNG, 16.32 per cent from local gas, wind 3.28 per cent, nuclear 4.31per cent and furnace oil 3.16 per cent during the said period.