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NEPRA raises electricity prices in Pakistan

NEPRA raises electricity prices in Pakistan

ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) onTuesday approved 50 paisa per unit increase in power tariff for June undermonthly fuel adjustment formula.

The Central Power Purchase Agency Guarantee Limited (CPPA-G) has sought 70paisa increase in power tariff for the month of June.The regulator allowed increase in tariff after hearing, presided over byNEPRA Chairman Brig (R) Tariq Saddozai.

Member Himayat Ullah Khan was also present.In a petition submitted to National Electric Power Regulatory Authority(NEPRA), the CPPA-G maintained the cost of per unit remained atRs.5.694/kWh against the reference fuel charges of Rs.4.992/ kWh per unitfixed.

The CPPA-G sought an increase of 70 paisa in the tariff. However, theregulator allowed 50 paisa hike in power tariff. The consumers will have tobear around Rs.6.5 billion due to price hike.

The regulator was told that a total 12,913.86 GWh electricity was generatedwhile 12,600.30 GWh was delivered to the distribution companies during thesaid period. Some 27.79 per cent electricity was generated through hydel,11.79 per cent from coal, 9 per cent from furnace Oil, 15.69 per cent fromgas, 25.18 from RLNG, 5.08 per cent from nuclear and 3.31 per cent fromwind during the said period.

However, the hike would not be applicable to lifeline and those consumingless than 300 units, KE and agriculture connections.