ISLAMABAD: The Central Power Purchasing Agency (CPPA) has filed an application with the National Electric Power Regulatory Authority (NEPRA) seeking an increase of Rs2.56 per unit in electricity tariffs under the monthly fuel price adjustment for September.
According to the application, the proposed increase is aimed at recovering additional fuel costs incurred during the month from electricity consumers.
NEPRA will hold a public hearing on October 29 to consider the CPPA’s request for additional fuel cost recovery for the September billing month.
The CPPA stated that the average fuel cost per unit of electricity was estimated at Rs7.46 for September but rose to Rs10.02 per unit.
According to the application, electricity generated from local coal cost Rs7.95 billion, while power generation using imported coal amounted to Rs37.14 billion during September.
The agency reported that Rs13.26 billion was spent on diesel and Rs11.81 billion on furnace oil for electricity generation during the month.
Power generation using local gas cost Rs13.89 billion, while Rs31.93 billion was spent on electricity produced through liquefied natural gas (LNG).
The total fuel cost of electricity generation stood at Rs127.87 billion in September, according to the CPPA.
The application further stated that distribution companies (DISCOs) sold 12.76 billion units of electricity during the month.
NEPRA will decide on the proposed tariff adjustment after reviewing the CPPA’s application and hearing the relevant stakeholders.
Electricity price hiked for one month under fuel price adjustment