Electricity Tariff CPPA Seeks Rs2.56 Per Unit Increase for September
Electricity Prices: Nepra will review the CPPA’s request for a Rs2.56 per unit increase.
The Central Power Purchasing Agency (CPPA) has requested a Rs2.56 per unit increase in electricity prices under the monthly fuel price adjustment for September.
The National Electric Power Regulatory Authority (Nepra) has scheduled a hearing on the request for October 29. The proposed increase has not yet been approved.
According to the CPPA’s petition, the average fuel cost of electricity generation was estimated at Rs7.46 per unit for September. However, the actual cost rose to Rs10.02 per unit during the month.
Fuel Costs for September
The CPPA reported significant spending on different fuels used for power generation. Electricity generation using local coal cost Rs7.95 billion, while imported coal accounted for Rs37.14 billion.
The agency also reported spending Rs13.26 billion on diesel and Rs11.81 billion on furnace oil during September.
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Meanwhile, power generation using local gas cost Rs13.89 billion. The cost of electricity generated through liquefied natural gas (LNG) reached Rs31.93 billion.
According to the petition, the total fuel cost of electricity generation stood at Rs127.87 billion during September.
Nepra to Review Proposed Increase
The CPPA stated that power distribution companies (Discos) sold 12.76 billion units of electricity during the month.
Nepra will review the agency’s request during the scheduled hearing on October 29. The regulator will consider the proposed adjustment before making a decision.
Until Nepra issues its decision, the requested Rs2.56 per unit increase remains unapproved.
