NEPRA proposes to increase electricity prices per unit

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CPPA has requested to increase the price of electricity by 92 paisa per unit.

National Electricity Regulatory Authority (NEPRA) has reserved its decision on the request to increase the price of electricity by 92 paisa per unit in the context of January’s fuel adjustment, while NEPRA officials proposed to increase the price of electricity by 89 paisa per unit.

NEPRA

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NEPRA Vice Chairman Saifullah Chatha presided over the hearing of the Central Power Purchasing Agency’s request to increase the price of electricity by 92 paisa per unit in the context of fuel adjustment for January. NEPRA says a decision will be taken later after a detailed review of the data.

During the hearing, NEPRA officials said that running power plants outside the merit order had imposed an additional burden of Rs 3.90 billion on consumers. The reason for the increase in power generation cost was unavailability of gas, the worst shortage of gas in January. If gas had been available, there would not have been a complete blackout on the night of January 9. 450 MMCFD gas was required for power plants in January, 110 to 154 MMCFD gas was supplied by January 24, January 9. The supply of gas for power plants has been reduced to zero. Due to lack of gas, expensive electricity had to be generated from furnace oil.

Read Also: Petroleum Products Prices increased by Government of Pakistan

NEPRA officials proposed an increase of 89 paisa per unit in the price of electricity. This will impose an additional burden of Rs 6.90 billion on consumers.

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