Power tariff increased

Power tariff increased by Rs 1.83 per unit

F.P. Report

ISLAMABAD: In order to generate Rs 24 billion revenue to ex-Wapda Distribution Companies (Discos), the National Electric Power Regulatory Authority (Nepra) notified a Rs1.83 per unit increase in electricity tariff.

According to the details, the new prices were notified under monthly fuel price adjustment for electricity consumed in September.

Nepra in its notification said that the price adjustment shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in September.

A public hearing was held on Nov 5 where the decision to approve tariff increase was announced by Nepra’s member from Punjab Saifullah Chattha.

The cost will be charged to consumers in next bills of December.

However, the new increase will not be applicable to to K-Electric and lifeline consumers who are using less than 50 units of other Discos.

The Central Power Purchasing Agency (CPPA) asked for increase of Rs2.97 per unit under fuel price adjustment for the month of September for Ex-Wapda Discos.

The CPPA said that since the actual generation cost amounted to Rs5.81 per unit against a reference price of Rs2.84 per unit, the Discos should be allowed to recover another Rs2.97 per unit from consumers in the coming month.

The CPPA reported total energy generation in September at 13,621 GWh at a total price of Rs70.231bn or Rs5.16 per kWh.

The net electricity delivered to power distribution companies stood at 13,225 GWh at a cost of Rs76.89bn or 5.81 per kWh.

About 2.91 per cent losses were reported at the transmission stage.

The share of hydropower generation stood at 37pc in September against 40pc in August which has no fuel cost.

The share of coal-based energy generation stood at 16.39pc at a cost of Rs5.38 per unit.

Posted in ,