K-Electric seeks massive cut of Rs9.71 per unit in power tariff.
ISLAMABAD -- K-Electric has sought a reduction of Rs 9.71 per unit in power tariff on account of monthly fuel charges and quarterly adjustments. However, in a separate petition, Central Power Purchasing Agency (CPPAG) has sought an increase of Re 0.2457 per unit in tariff, for ex-WAPDA power distribution companies (XWDiscos), on account of fuel charges adjustment for month of October 2022. The K-Electric has filed two separate petitions in National Electric Power Regulatory Authority (NEPRA) where it has requested the regulator to allow the company to return Rs1.883/unit back to power consumers on account of monthly FCA for October 2022. The negative FCA for October 2022 is primarily due to a decrease in prices of RLNG, furnace oil, and power purchased from CPPA-G. The price of RLNG in October 2022 decreased by 16% as compared to September 2022. The price of furnace oil in October 2022 has decreased by 6% from September 2022, and the price of power purchased from CPPA-G in October 2022 has decreased by 6% from September 2022. The KE has also sought the regulator nod for the refund of Rs7.833/unit to power consumers on account of quarterly adjustments for the first quarter of FY 2022-23 (from July-September). National Electric Power Regulatory Authority (Nepra) will conduct a public hearing on KE's petition on November 30, to take a final decision in this regard. During the hearing, the discussion would be focused on whether the requested fuel price variation is justified. It will also further focus on whether the requested quarterly variation is justified and whether K-Electric has followed the merit order while giving dispatch to its power plants as well as power purchases from external sources. As per the CPPA-G petition, filed on the behalf of XWDIscos, the petitioner...
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