Islamabad, December 20, 2023 : The Central Power Purchasing Agency (CPPA) has submitted an application to the National Electric Power Regulatory Authority (NEPRA) requesting a Rs4.66 per unit electricity tariff hike.
Details reveal that the CPPA, representing power distribution companies (DISCOs), has urged NEPRA to sanction a Rs4.66 per unit increase under the Fuel Charges Adjustment (FCA) for November 2023. The hearing for this matter is scheduled for December 27.
NEPRA’s approval would impose an additional financial burden of Rs40 billion on power consumers. The CPPA, in its application, stated that the total electricity generated from various fuels in February 2023 was 7.22 billion units, with a basket price of Rs9.44 per unit.
The application also indicated that in November, electricity generation comprised 36.50% from hydropower, 13.8% from local coal, 6.44% from imported coal, 9.21% from local gas, 10.57% from imported LNG, and 20.83% from nuclear fuel.
In a separate development in December, the federal government had requested a Rs1.72 per unit increase in electricity tariff for K-electric consumers.
The federal government has formally submitted a request to the National Electric Power Regulatory Authority (NEPRA), seeking a tariff increase of Rs1.72 per unit for KE consumers. This request is based on the second and third quarterly tariff adjustments from last year for the power distribution companies.
In the request, the federal government detailed the amount, specifying that the increase is aimed at maintaining a uniform tariff across the country. It includes a Rs0.25 per unit hike for the January-March 2023 adjustment and a requested increase of Rs0.47 per unit for the October-December 2022 adjustment.
