Islamabad:
The National Electric Power Regulatory Authority has approved an increase of RS0.19 per year. Unit in the electricity stariff during the monthly adjustment mechanism for fuel cost adjustment.
The hike applies to all electricity distribution companies, including K-electric, but excludes lifeline consumers, prepaid users and charging stations for electric vehicle.
According to a review issued by NEPRA, the hike will fall under the FCA mechanism in August cost adjustment (FCA) and will be reflected in October electricity bills.
Nepra held a public consultation in the headquarters, led by the authority of the authority, where representatives of the central power purchase agency, business members, the Ministry of Energy Serves, Journalists and the Public Members were present.
CPPA-G had requested an increase of 19 Paisa’s per. Unit. Nepra said it carefully heard the views of all stakeholders during the consultation. The authority releases a detailed decision after further control of the data submitted.
Electricity costs of production in August
In August, a total of 102.94 billion units were delivered to distribution companies. The total cost of power production was at RS7.50 per year. Unit, slightly higher than the previous rate of RS7.31 per Unit. Electricity generated using local coal costs RS12.01 per day. Unit, while the use of imported coal increased the cost of RS14.07 per Unit.
Power production through oven oil was significantly higher at RS33 per year. Unit, while gas -based generation costs amounted to RS13.43 per Unit. Similarly, electricity generated by LNG stood on RS21.73 per year. Unit. Imported electricity from Iran proved to be the most expensive at RS41 per year. Unit, while the trunk-based generation was relatively cheaper at RS9.87 per Unit.
