Thursday, September 29, 2022

NEPRA to hold public hearing today on another hike in power tariff

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) will hold a public hearing on another hike in power tariff up to Rs4.75 per unit sought by the Central Power Purchasing Agency (CPPA), ARY News reported on Tuesday.

A public hearing will be conducted by the NEPRA chairman to review CPPA’s plea for a Rs4.75 per unit increase in power tariff in terms of fuel price adjustment for the month of October for all of the distribution companies excluding K-Electric.

In its plea, CPPA stated that the country generated a total of 11.29 billion units of electricity in the month of October, out of which 10.98 billion units were sold to the distribution companies.

The recent hike will result in the extra burden of Rs61 billion on the consumers, said the sources.

READ: NEPRA UNVEILS WINTER PACKAGE FOR ELECTRICITY CONSUMERS

It stated that in October, per unit of electricity was produced from diesel at the cost of Rs25.22 and Rs22.22 per unit of electricity was produced from furnace oil.

The contribution of power generation from hydropower was 23.26 per cent, 16.69 per cent from coal, 10.88 per cent from furnace oil and 0.51 per cent from diesel.

Earlier on November 9, the National Electric Power Regulatory Authority (NEPRA) had jacked up electricity tariff under fuel adjustment for the month of September making one unit of electricity Rs2.52 more expensive for the consumers.

The price hike was applied for November bills, the notification of the NEPRA read and added that the increase will not be applicable on the lifeline and K-electric consumers. With this increase, the collective burden borne by the people will be Rs90 billion.

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