CPPA advises NEPRA to raise power tariff by Rs0.22

The Central Power Purchasing Agency (CPPA) on Thursday recommended the National Electric Power Regulatory Authority (NEPRA) raise the power tariff by Rs0.22 per unit in fuel adjustment charges for August, ARY News reported.

According to the application by CPPA, 38.10% of electricity in August was produced using hydraulic power, while 15.39% by coal. 7.27% of electricity was produced using furnace oil, 12.49% by RLNG, 13.34% by Nuclear power plants, and 9.36% by using local gas.

The per unit price of coal-produced electricity was Rs20.54, furnace oil Rs35.61, local gas Rs10.49 while power produced using RLNG cost Rs24.72 per unit.

A total of 13.638 billion units of electricity were produced in August, the CPPO application read. The average production cost for August was Rs10.11 per unit and the reference fuel cost was set at Rs9.89.

However, the CPPA has now advised NEPRA to raise the fuel tariff by Rs0.22 considering the fluctuation of fuel prices in the international market.

Also Read: NEPRA rejects to revise power tariff for telecom companies

Earlier on 20 September, the National Electric Power Regulatory Authority (NEPRA) rejected a revised power tariff for telecom companies.

Telecom companies moved NEPRA to revise industrial tariffs for the sector. The telecom companies said that the sector has been given the status of the industry by the government as per Finance Bill 2021.

from Latest Pakistan News Breaking News from All over Pakistan - ARY News https://ift.tt/FxdLy50

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