Nepra allows ex-Wapda Discos to transfer burden of Rs22.6b to consumers.
ISLAMABAD -- National Electric Power Regulatory Authority (NEPRA) has Wednesday allowed ex-Wapda Discos to transfer the burden of Rs22.6 billion to the power consumers on the account of fuel price adjustment for the month of August 2019.
In a notification issued here NEPRA has allowed an increase of Rs 1.6615 to ex-Wapda Discos on the account of fuel price adjustment for the month of August 2019. In a public hearing held on October 02, 2019 NEPRA had allowed an increase for the month of August and now it has been notified.
In its petition for August, the CPPA had sought a tariff increase of Rs1.8672 per unit due to a hike in fuel prices. In its petition the CPPA pleaded that the actual pool fuel cost for the month of August 2019 was Rs5.0717/kWh, against the reference fuel cost component of Rs3.2045/kWh. The CCPA-G requested that it should be allowed to increase the rate by Rs1.8672 per unit. However Nepra has approved an increase of Rs1.66 per unit in the electricity tariff for power distribution companies.
The decision will have an impact of an additional Rs 22.6 billion on the electricity consumers and will be transferred in upcoming month bills. The adjustment shall be applicable to all the consumer categories except lifeline consumers of all the X-DISCOs.
The Authority noted that costlier energy of around 505 GWh at Rs.12.511 per unit had been generated from furnace oil based power plants, whereas, efficient coal a based power plants like Engro Power Gen Thar, Port Qasim and Sahiwal Coal have not been...
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