As part of its fuel cost adjustment (FCA) for March 2022, the National Electric Power Regulatory Authority (NEPRA) announced a raise in electricity rate of Rs 2.87 per unit on Wednesday.
This will result in a charge for approximately Rs. 28.9 billion for electricity customers who are not served by K-Electric for the month of May.
The Central Power Purchasing Agency (CPPA) has petitioned the NEPRA to increase the power tariff by Rs. 3.16 per unit for the month of March.
NEPRA held a hearing to review the proposal and granted a monthly fuel cost adjustment increase of Rs. 2.87 per unit. After a thorough investigation, the authority will issue a notification.
For the month of February, the monthly FCA increased by Rs. 4.85 per unit. The FCA for March is Rs. 1.98 per unit, which is less than the FCA for February, which will be levied in May bills.
According to the CPPA, more over 10 billion units of power were generated in March, with 16.35 percent coming from water, 24.83 percent from coal, and 10.62 percent coming from pricey furnace oil.
Domestic gas generated 9.53 percent of electricity, imported LNG 18.87 percent, and nuclear fuel 15.01 percent, according to the CPPA.
During the NEPRA hearing, the subject of power loadshedding was also discussed.
NEPRA Chairman Tauseef H. Farooqi inquired about non-operational power plants and expressed his concern with the country’s continuing loadshedding.
Officials from NEPRA questioned why the power plants were not supplied with fuel. The National Power Control Center (NPCC) officials answered that rising temperatures had boosted electricity demand.
The justification was dismissed by Chairman NEPRA, who demanded that the officials give a thorough report on how many power plants are inoperable.
To read our blog on “NEPRA is set to raise the power tariff by Rs 4.68 per unit,” click here.