ISLAMABAD (Dunya News) – National Electronic Power Regulatory Authority (NEPRA) on Wednesday deferred summary to increase electricity tariff for the first time in the history of the country.
During the hearing into the petition filed by Central Power Purchase Agency Guarantee Limited (CPPA-G) for power tariff hike under monthly fuel adjustment till Tuesday, NEPRA Chairman sought explanation from CPPA-G for out of merit running expensive power plants during September.
The regulator would now hold public hearing into the price hike in tariff on Tuesday.
In the petition, CPPA-G had sought Rs2.97 per unit increase in power tariff for the month of September under monthly fuel adjustment formula.
In a petition filed with NEPRA, the CPPA-G on behalf of ex-WAPDA distribution companies maintained that it had charged consumers a reference tariff of Rs2. 8410/kWh against the actual fuel cost of Rs5.8136/kWh during the said period.
The CPPA in its petition said the total energy from all sources remained at 13,621.35 Gwh in September and the total cost was calculated to Rs70.231 billion with an average per unit fuel cost of Rs5.156 per unit.
Some 37.09 per cent of electricity was generated from hydel, 16.39 per cent from coal, 21.06 per cent from RLNG, 11.85 per cent from local gas, six per cent from furnace oil, wind 1.10 per cent and nuclear 5.50 per cent during the said period.