Power tariff raised by Rs1.56 per unit.

ISLAMABAD -- The National Electric Power Regulatory Authority (Nepra) on Thursday allowed ex-Wapda power distribution companies (Discos) an increase of Rs1.56 per unit in power tariff on account of monthly fuel price adjustment for October 2019.

The decision to increase was made by NEPRA, on the petition filed by the Central Power Purchasing Agency (CPPA) on behalf of DISCOs, in a public hearing presided over by Chairman of the Authority, Tauseef H Farooqi.

NPERA observed that this increase was allowed as in October, the electricity was sold to consumers at low price. The increase was made by the regulator in a public hearing here on the petition filed by the Central Power Purchasing Agency (CPPA) on behalf of DISCOs.

NEPRA has allowed this increase against the demanded Rs 1.7397 per unit. The distribution companies would collect Rs14.5 billion extra from consumers in their December bills. The tariff adjustment will, however, not be applicable to lifeline consumers who consume up to 50 units a month and K-Electric consumers.

According to the petition, submitted by CPPA with NEPRA, total energy generated in October was 9572.06 GWh at the total cost of Rs 48.013 billion which is Rs 5.016 per unit. In September the total power generation was 13621 GWh.

The net electricity delivered to power distribution companies in October was 9296.60 GWh at the cost of Rs 51.11 billion or 5.498 per unit. Out of total electricity generation, losses stood at 2.88 per cent.

Since the actual cost of generation was Rs 5.498 per unit in the period under review against reference price of Rs 3.7579 per unit therefore it has requested an increase of Rs 1.7397 per unit.

According to the data provided to NEPRA, the share of hydropower generation in October was 2438.80 GWh or 25.48 percent. The share of hydropower decreased from 5052.84 GWhs or 37.09 percent in September.

As per the data 2356 Gwhs or 24.62 percent...