ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday reserved its decision after hearing a petition of Central Power Purchasing Agency (CPPA-G) for October, under the monthly fuel cost adjustment mechanism.
The decision of the public hearing, presided over by Nepra Chairman Tauseef H Farooqi, would be announced after reviewing the statistics in that regard.
The chairman said advancement is being made to settle the matter related to demand and supply of Liquefied Natural Gas (LNG). He observed that it is unfortunate consumers are switching over to costly imported fuel instead of using inexpensive electricity in the country. The chairman said the country is bearing the brunt of wrong policies adopted by the past regimes.
During the hearing, CPPA-G authorities informed that Rs134 billion payments had been made to Independent Power Producers (IPPs). According to the petition submitted to NEPRA, the CPPA-G maintained that actual cost remained Rs9.926 per unit against the reference fuel charges of Rs5.173 per unit during October.
A total of 11,296 GWh electricity was generated worth Rs 105.06 billion during the said period while 10,982.86 GWh net electricity was supplied to the power distribution companies (DISCOs).
Out of total generation, as many as 23.26 percent electricity was generated from hydel, 16.69 percent coal, 0.51 percent high speed diesel, 10.88 percent furnace oil, 9.67 percent local gas, 23.93 percent RLNG, 12.33 percent nuclear and 1.64 percent wind.
Earlier, the Central Power Purchasing Agency (CPPA), in a plea to the National Electric Power Regulatory Authority (Nepra), requested an increase of Rs4.75 in the power tariff. The request for the increase was made for the month of October, keeping in view the fuel adjustment prices.
Earlier in October, Nepra had approved Rs1.595/kWh (unit) tariff for the delivery of electricity at Annex-I of the Shishi hydropower project of Pakhtunkhwa Energy Development Organisation.
The authority approved the price of Rs1.595/kWh against the requested tariff of Rs4.723/kWh by Pedo, along with the approved cost of Rs245.905 million EPC, non-EFC cost of Rs23.401 million, including the land acquisition cost of Rs6.779 million and the owner administration of Rs16.622 million. The 1,875MW project is located at Darosh, Chitral executed by the Pakhtunkhwa Energy Development Organization, funded through an annual development programme of the Khyber-Pakhtunkhwa Power Department, with the total project cost of Rs330.720 million.
