The National Electric Power Regulatory Authority (NEPRA) has notified electricity per-unit hike of Rs. 4.30 for the January 2022 bills, amidst the National Assembly session on the Finance (Supplementary) Bill, 2021 and the ongoing LNG shortfall.
NEPRA has issued a notification accepting the Central Power Purchasing Agency (CPPA) application for November 2021, allowing a per-unit cost of energy increase of Rs 4.30. This increase will be shown in January’s power bills, and it corresponds to the November monthly fuel adjustment.
Rafique Ahmed Sheikh, a member of Sindh NEPRA, expressed his dissatisfaction with the decision, claiming that the lack of LNG has placed an additional burden on the people. He claimed that CPPA should bear the brunt of the responsibility, and that not everything should be added and accepted as CPPA demands.
Electric and lifeline users will not be affected by the price rise in January bills, according to the NEPRA announcement.
NEPRA held a hearing on the CPPA appeal for an increase in the per-unit cost of energy on December 29, 2021. For the month of November, the reference gasoline price is Rs 3.74 per unit. Consumers will incur an additional burden of more than Rs. 40 billion if the proposal is allowed.
In November, 8.24 billion units of power were generated, according to the CCPA request. The cost of producing power was Rs. 66.52 billion.
In November, water generated 33.21 percent of electricity and coal 16.26 percent. 1.71 percent came from furnace oil, while 12.89 percent came from domestic gas. Imported LNG provided 14.25 percent of the electricity, while nuclear fuel provided 17.51 percent of the electricity.
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