NEPRA cuts power tariff by Rs0.29
The actual power price was Rs6.7811 per unit against reference price of Rs7.0755 per unit
ISLAMABAD:
At a time when consumers have been burdened with heavy power bills, National Electric Power Regulatory Authority (Nepra) on Wednesday announced a nominal cut in the power tariff.
Nepra on Wednesday decided during a public hearing to cut the tariff by 29 paisa per unit on account of fuel adjustment for August 2014.
Power Distribution Companies (Discos) lifeline consumers using only 50 units in a month and K-Electric (former KESC) are exempted from this increase.
According to a petition filed by the Central Power Purchasing Agency (CPPA), the actual power price was Rs6.7811 per unit against reference price of Rs7.0755 per unit. CPPA, in its petition had requested the power regulator to slash the tariff by Rs0.2944 per unit.
The actual fuel charges for the ex-Wapda Discos for the August 2014 are as follows: hydel - Rs1.10 per unit, coal- Rs4.4998 per unit, HSD - Rs20.6018 per unit, RFO - Rs15.7363 per unit, gas - Rs4.8855 per unit, nuclear- Rs1.1807 per unit, import from Iran- Rs9.8 per unit.
In August energy generated from different sources was 10,340.71 GWh at a total cost of Rs68.3 billion. However, net delivered electricity to Discos was 10, 234.94 GWh as 104 GWh was lost in transmission loss, cost of which was not made public.
The rate of net delivered electricity in August 2014 has been calculated at Rs69.4 billion.
In August 2014, the share of hydel generation was 43 per cent of total generation whereas generation from coal was 0.05, HSD, 2.94, RFO 31.30, gas 18.28 and nuclear was 4.22 per cent.
Power import from Iran was 43.26 GWh, mixed 106.48 GWh and wind 37.21 GWh.
It is pertinent to mention here that the government is already under severe criticism for over charging the consumers. Ministry of Water and Power has directed the National Transmission and Dispatch Company (NTDC) to hire the services of three audit firms to conduct audit of electricity bills of August which are being set on fire publicly.
At a time when consumers have been burdened with heavy power bills, National Electric Power Regulatory Authority (Nepra) on Wednesday announced a nominal cut in the power tariff.
Nepra on Wednesday decided during a public hearing to cut the tariff by 29 paisa per unit on account of fuel adjustment for August 2014.
Power Distribution Companies (Discos) lifeline consumers using only 50 units in a month and K-Electric (former KESC) are exempted from this increase.
According to a petition filed by the Central Power Purchasing Agency (CPPA), the actual power price was Rs6.7811 per unit against reference price of Rs7.0755 per unit. CPPA, in its petition had requested the power regulator to slash the tariff by Rs0.2944 per unit.
The actual fuel charges for the ex-Wapda Discos for the August 2014 are as follows: hydel - Rs1.10 per unit, coal- Rs4.4998 per unit, HSD - Rs20.6018 per unit, RFO - Rs15.7363 per unit, gas - Rs4.8855 per unit, nuclear- Rs1.1807 per unit, import from Iran- Rs9.8 per unit.
In August energy generated from different sources was 10,340.71 GWh at a total cost of Rs68.3 billion. However, net delivered electricity to Discos was 10, 234.94 GWh as 104 GWh was lost in transmission loss, cost of which was not made public.
The rate of net delivered electricity in August 2014 has been calculated at Rs69.4 billion.
In August 2014, the share of hydel generation was 43 per cent of total generation whereas generation from coal was 0.05, HSD, 2.94, RFO 31.30, gas 18.28 and nuclear was 4.22 per cent.
Power import from Iran was 43.26 GWh, mixed 106.48 GWh and wind 37.21 GWh.
It is pertinent to mention here that the government is already under severe criticism for over charging the consumers. Ministry of Water and Power has directed the National Transmission and Dispatch Company (NTDC) to hire the services of three audit firms to conduct audit of electricity bills of August which are being set on fire publicly.