- CPPA requests NEPRA for a potential Rs. 5 per unit increase in the electricity price.
- CPPA submits a request for fuel adjustment, potentially increasing electricity prices by Rs. 5 per unit.
- Approval by NEPRA on March 28th could result in consumers bearing over Rs. 40 billion.
The Central Power Purchasing Agency (CPPA) has recently submitted a request to the National Electric Power Regulatory Authority (NEPRA) for a fuel adjustment that could lead to an increase in electricity prices by Rs. 5 per unit for one month. This request is scheduled to be heard by NEPRA on March 28th and, if approved, could result in consumers bearing a burden of over Rs. 40 billion.
In February, a total of 6.876 billion units of electricity were sold, with various generation sources contributing to the supply. The breakdown of generation sources includes 24.77% from water, 13.94% from local coal, 1.89% from imported coal, 11.04% from local gas, 20.33% from imported LNG, and 23.29% from nuclear fuel.
It’s important to clarify that if NEPRA approves the request, the increase will not be directly applied to electric consumers, as stated in CPPA’s request.
[embedpost slug=”/gas-prices-in-pakistan-anticipated-to-increase-by-july-2024/”]
This potential adjustment sheds light on ongoing discussions within the energy sector regarding fuel costs and their impact on electricity tariffs. Keep an eye out for updates following NEPRA’s hearing on March 28th.
