NEPRA will decide on a Rs 2.56 per unit electricity price hike request on October 29, following CPPA’s submission due to increased fuel costs.
Islamabad: (RightNow) The Central Power Purchasing Agency (CPPA) has submitted a request to NEPRA to increase electricity prices by Rs 2.56 per unit. NEPRA stated that this request is for the September fuel price adjustment.
The hearing is scheduled for October 29, where a final decision on the electricity price increase will be made. According to CPPA, the average fuel cost per unit in September was Rs 10.02.
CPPA reported that electricity worth Rs 7.95 billion was generated from local coal in September. Imported coal contributed to electricity generation worth Rs 37.14 billion.
Electricity generated from diesel cost Rs 13.26 billion, and from furnace oil, it cost Rs 11.81 billion. Local gas expenses amounted to Rs 13.89 billion, while LNG expenses were Rs 31.93 billion.
It is noteworthy that the total fuel cost in September was Rs 127.87 billion, and DISCOs sold 12.76 billion units of electricity.
