The National Electric Power Regulatory Authority (NEPRA) announced Rs. 3.99 per unit rise in power tariffs for April 2022 due to a fuel cost adjustment (FCA).
The ruling would add Rs. 51 billion to the cost of electricity for customers. Consumers of K-Electric and lifeline users would be exempt from the ruling.
A hearing on a proposal to hike the tariff by Rs. 4.5 per unit was held at NEPRA. When requesting for the April fuel price adjustment, the Central Power Purchasing Agency (CPPA-G) said that 12.55 billion units of electricity were generated last month.
Pakistan’s electrical crisis has worsened, with a deficit of up to 7000 megawatts. As a result, all of the major cities, according to sources, are experiencing daily power outages of 8 to 10 hours.
NEPRA Chairman Tauseef H Farooqi presided over the hearing into the monthly FCA for April 2022, which ended on Tuesday, and was attended by Vice-Chairman and Member Sindh Rafique Ahmed Sheikh.
The increase was computed at Rs3.99 per unit by NEPRA. The FCA for March was computed at Rs2.86 per unit for a one-month period. The April FCA was Rs1.13 per unit more than the March FCA.
Except for lifeline customers and K-Electric, the FCA would be in effect for for one month and its effects would be passed on to all consumers. The potential impact was estimated to be worth more than Rs51 billion.
During April, the CPPA-G maintained that the real cost remained at Rs. 10.6641 per unit, compared to Rs. 6.6087 per unit for reference fuel rates.
During that time, a total of 12,960.41 GWh of electricity worth Rs. 132.746 billion was generated, with 12,556.37 GWh of net electricity supplied to power distribution firms (DISCOs).
Hydel generated 18.55 percent of total electricity, 16.74 percent from coal, 12.07 percent from furnace oil, 9.85 percent from local gas, 19.42 percent from RLNG, 17.37 percent from nuclear, and 3.59 percent from wind.
The price of coal and furnace oil has risen dramatically in the worldwide market, according to the regulator. During that time, domestic gas and RLNG were used to generate less energy.
To read our blog on “NEPRA is set to raise the power tariff by Rs 4.68 per unit,” click here.
