Nepra reserves ruling on raising power tariff by Rs4.33 per unit

By: News Desk      Published: 12:31 PM, 29 Dec, 2021
Nepra reserves ruling on raising power tariff by Rs4.33 per unit
Representational image.

The National Electric Power Regulatory Authority (Nepra) has reserved its decision on a request of the Central Power Purchasing Agency (CPPA) seeking raise in electricity tariff by Rs4.33 per unit, reported 24NewsHD TV channel.

Nepra took up the CPPA plea during its hearing on Wednesday. 

The CPPA had submitted its request in connection with monthly fuel adjustment charges for November 2021. The rise in tariff will put an additional burden of 29 billion rupees on consumers.

According to Nepra officials, there was an additional cost of Rs26 billion on generation due to a hike in fuel prices. Merit order violation ate up Rs62 million, they added.

The officials further said that LNG shortage had put an additional burden of Rs56 million.

The Nepra chairman while expressing displeasure over scheduled closure of power plants directed the authorities concerned to share the schedule of power plants closure with Nepra.

In its request, the CPPA said 33.21 percent of electricity was generated from water in November, 16.26 percent from coal, 1.71 percent from furnace oil and 0.29 percent from high-speed diesel.

The electricity generated from diesel in November was the most expensive at Rs27.20 per unit and the same was the case for electricity generated from furnace oil.

Electricity produced from gas in November was 12.89 percent and from LNG was 14.25 percent.

The electricity rate was enhanced by Rs4.74 per unit in connection with monthly fuel adjustment charges for October 2021.

Reporter Awais Kiani