Electricity Tariff For XWDiscos Likely To Go Up By Rs7.90 Per Unit.
ISLAMABAD -- National Electric Power Regulatory Authority (Nepra) Monday indicated an increase of Rs7.90 per unit in power tariff for Ex-Wapda Distribution Companies (XWDiscos) on account of monthly fuel charges adjustment (FCA) for May 2022.
While presiding over monthly FCA hearing, chairman NEPRA remarked that the government instead of using expensive imported fuel in future should install cheap power plants on local resources. There are only two solutions: either generate electricity from expensive fuel or resort to loadshedding, chairman NEPRA further commented.
NEPRA has conducted public hearing to consider the petition of Central Power Purchasing Agency (CPPA-G) for the increase of Rs 7.96/unit on account of monthly FCA of May. The public hearing was presided over by Chairman NEPRA Engineer Tauseef H. Farooqi, and it was attended by Engineer Rafiq Ahmed Sheikh and Engineer Maqsood Anwar Khan. During hearing CPPA-G informed that LNG is no longer available in international market and even if it is found, it is costing $42/MMBTU. Buying such expensive LNG is not good for consumers, the CPPA-G official remarked. The official further informed that the spot LNG cargo for July was canceled. CPPA-G had submitted an application for an increase of Rs 7.96 per unit in the case of FCA, NEPRA said. According to the preliminary examination of the data, Nepra had worked out an increase of Rs 7.90/unit for the XWDiscos. It is worth mentioning here that power distribution companies will charge an additional Rs 3.91/unit in July bills on account of monthly FCA for July. In a petition submitted to NEPRA, Central Power Purchasing Agency (CPPA-G) had requested, on behalf of CWDiscos, to allow hike in tariff mainly due to use of...
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