Summary The CPPA’s petition states that the average fuel cost of electricity generation was estimated at Rs7.46 per unit for September but rose to Rs10.02 per unit during the month
ISLAMABAD (Dunya News) - The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (Nepra) to increase electricity prices by Rs2.56 per unit under the monthly fuel price adjustment for September.
According to Nepra, a hearing on the CPPA’s request is scheduled for October 29.
The CPPA’s petition states that the average fuel cost of electricity generation was estimated at Rs7.46 per unit for September but rose to Rs10.02 per unit during the month.
According to the application, electricity generated from local coal cost Rs7.95 billion, while generation using imported coal amounted to Rs37.14 billion.
The agency reported that Rs13.26 billion was spent on diesel and Rs11.81 billion on furnace oil for power generation during September.
It further stated that electricity generation using local gas cost Rs13.89 billion, while Rs31.93 billion was spent on generation through liquefied natural gas (LNG).
The total fuel cost of electricity generation stood at Rs127.87 billion in September, the CPPA said.
The petition also noted that power distribution companies (Discos) sold 12.76 billion units of electricity during the month.
The proposed increase will be considered by Nepra during the scheduled hearing. The requested hike has not yet been approved.
