Business
NEPRA likely to increase power tariff up to Rs3.12 per unit
CPPA seeks power tariff hike by Rs3.12 per unit
Islamabad: The National Electric Power Regulatory Authority (Nepra) is likely to allow tariff increase of up to Rs3.12 per unit to power distribution companies on account of fuel cost adjustment (FCA) for December 2021.
According to details, NEPRA will hear a petition filed by the Central Power Purchasing Agency-Guarantee (CPPA-G) tomorrow (Tuesday) for monthly FCA for December 2021.
If power tariff increased, it will put an additional burden of over Rs30 billion on consumers.
The CPPA, in its petition, says that over 8 billion units of electricity at the cost of over Rs73 billion was produced in the country in December 2021.
It is further stated in the petition that electricity was produced from the furnace oil in the month under review at the most expensive rates; Rs22. 24 per unit; from the Liquefied Natural Gas (LNG) at Rs17.80 per unit; from Diesel at Rs14.8 per unit, and from coal at Rs13.31 per unit.
Similarly, the petition reads, that electricity import from Iran cost the government Rs13.26 per unit