Rs0.63 per unit power tariff hike

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ISLAMABAD The National Electric Power Regulatory Authority on Tuesday hiked power tariff by Rs0.63 per unit on the account of fuel price adjustment, over a request from the Central Power Purchasing Agency (CPPA), sources said. During a NEPRA hearing over the request of the CPPA held under Member Tariff (NEPRA) Naeem Khawaja in Lahore, the power purchasing agency informed that a total of 5 billion and 40 crore units of electricity was generated at a fuel cost of Rs43billion 38crore and 60 lac during the month of March, while 37crore and 60 lac unit additional losses surfaced under headline losses in comparison to the set target.

Though the NEPRA set Rs7.64/unit as Reference Fuel Cost (RFC) for the month of February, actual fuel cost remained at Rs8.31/unit, so the CPPA sought Rs0.67/unit hike in electricity price.

During the course of hearing, the regulatory authority expressed serious concerns over the additional line losses, while businessmen raised objections over the collection of fuel adjustment of July 2012 by the power distributing companies (DISCOs) from consumers after the passage of seven months.

The NEPRA approved Rs0.63/unit hike in electricity price over the request of CPPA, but the raise would not impact consumers of the KESC and those who use 50units in a month.

Courtesy: The Nation


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