Islamabad:
Power consumers are set to get a relief of over RS2 per year. Unit due to reduction in electricity rates due to fuel adjustment fees for January 2025.
The National Electric Power Regulatory Authority (NEPRA) conducted a public consultation on Thursday to consider a petition submitted by Central Power Calcing Agency (CPPA) to reduce the power tariff up to RS2,0019 per year. Unit.
CPPA officials informed the power regulator that the actual fuel speed was at RS11.0081 per year. Unit at reference price of RS13,0100 per Unit and registered a reduction of RS2,0019 per Unit due to variation in energy costs.
Electricity consumers get a total relief of RS15.65 billion in their electricity bills. Consumers are expected to get a relief in their marching bills.
During the consultation, it was informed that hydropower contributed 10.63% to the total electricity production, while the local coal accounted for 15.56%, with a cost of RS12.54 per year. Unit. Despite a lower proportion of 8.53%, imported coal was significantly more expensive at RS20.96 per year. Unit.
The proportion of RLNG stood at 18.92%and cost RS22.47 per year. Unit, while oven oil -based generation, although minimal of 1.34%, had the highest costs for RS30.34 per year. Unit. Atomic energy remained the cheapest source, which covered the 26.61% of the generational mixture of only RS1.81 per year. Unit. In addition, electricity imported from Iran, which made up 0.41% of the total supply, at a price of RS26.34 per year. Unit. The total energy delivered to discos was at 7,816 GWh.
Help to the agricultural sector
The power department informed during the consultation that a separate request has been submitted to NEPRA, which is looking for a reduction in electricity prices specifically for the agricultural sector. Power Division sent this request to NEPRA for the purpose of providing negative fuel cost adjustment (FCA) relief to farmers who used agricultural piping wells and domestic consumers who consume up to 300 units electricity.
However, the Power Division representatives clarified that no further subsidies for agricultural pipes have been included in the budget. Nepra officials assured that providing FCA -laying to agricultural consumers would not adversely affect the industrial sector.
It was also revealed that the Sahiwal power plant operated with 65 percent imported coal. In addition, the Net Deficiary of 74 Paise per Unit is likely to be transferred to consumers in March. During the winter package, 63 percent of electricity consumption was attributed to industries, while the remaining 37 percent belonged to other consumer categories.
Despite the introduction of a winter package, electricity sales did not see a significant increase. Officials attributed the fall in agricultural and industrial electricity consumption for increased adoption of solar energy. Many agricultural consumers have changed against solar -powered solutions, while industrial consumers are also investigating alternative energy sources.
Nepra officials expressed concern about declining hydropower generation due to lower than expected rainfall and snowfall. They have sought further details from Water and Power Development Authority (WAPDA) about the expected water availability during the summer season.
A separate problem relating to the implementation of general VAT (GST) on solent measurement has reached NEPRA. However, the Power Division stated that it has not yet received any formal decision from Federal Tax Ombudsman (FTO). Officials said the case can eventually be referred to the Federal Board of Revenue (FBR) for further considerations.
Chairman Nepra Bad Power Division to check this problem. Officials replied that they would check from FBR and would inform the power regulator.
