Rs0.7 per unit relief likely for consumers

DISCOs to refund Rs8.55b to consumers under FCA for September

ISLAMABAD:

The consumers of electricity are likely to get relief of Rs0.70 per unit on account of fuel charge adjustment (FCA) for September 2024.

The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of Rs0. 70 per unit in FCAs of Discos for September 2024. The DISCOs are likely to refund Rs8.55 billion to the consumers.

NEPRA will hold a public hearing on October 30, 2024 on CPPA-G's request of adjustment in Discos tariffs.

According to data submitted to NEPRA, hydel generation was recorded at 4,838 GWh - 38.75 percent total generation from May to September 2024.

Power generation from local coal-fired power plants was 1,261 GWh in September 2024 which was 10.10 percent of total generation at a price of Rs12.2882 per unit whereas 1,149 GWh was generated from imported coal at Rs16.5990 per unit (9. 20 percent). Generation from HSD was zero while 39 Gwh was generated on RFO at Rs30.2960 per unit.

Electricity generation from gas-based power plants was 988 GWh (7.91 percent) at Rs13.6768 per unit. Generation from RLNG was 2,039 GWh (16.33 percent of total generation) at Rs24.9570 per unit.

Electricity generation from nuclear sources was 1, 596 GWh at Rs1.5417 per unit (12.78 percent of total generation), and electricity imported from Iran was 40 GWh at Rs25.9519 per unit.

The energy generated from wind was recorded at 395 GWh, 3.17 percent of total generation, and solar at 105 GWh, 0.84 percent of total generation in September 2024.

The total energy generated was recorded at 12,487 GWh at a basket price of Rs8.3380 per unit. The total cost of energy was Rs104.114 billion. However, with proposed previous adjustment of Rs7.505 billion and sale of electricity IPPs at (negative Rs1.402 billion), net electricity delivered to Discos in September 2024 was 12,118 GWh at a rate of Rs9.0949 per unit, total price of which was Rs110.05 billion.