Rs4.99 per unit tariff increase sought for Feb
Pakistan is again facing the threat of fuel shortage owing to Russia-Ukraine war, due to which oil reserves are depleting fast in different countries including the US. PHOTO: FILE
The Central Power Purchasing Agency-Guarantee (CPPA-G) has sought an increase of Rs4.99 per unit in power tariff for February under the monthly fuel cost adjustment mechanism.
According to a petition submitted to the National Electric Power Regulatory Authority (Nepra) on Wednesday, the CPPA-G said that the actual fuel cost came in at Rs8.935 per unit against the reference charges of Rs4.251 per unit.
A total of 8,087.85 GWh of electricity worth Rs72.2 billion was generated during the month while 7,774.13 GWh was supplied to the power distribution companies.
Out of the total generation, 18.22% electricity was generated from hydel sources while 31.7% energy was produced from coal. Separately, 6.51% electricity was produced through furnace oil, 11.36% from local gas, 15.16% from re-gasified liquefied natural gas, 12.53% from nuclear sources and 2.04% from wind.
The regulator will hold a public hearing on Thursday. The impact of the proposed tariff increase will be passed on to all categories of consumers, except for lifeline consumers.
Published in The Express Tribune, March 31st, 2022.
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