Due to the increase in furnace oil and diesel prices in May, the electricity transmission companies have demanded an increase of Rs 7.96 per...
Due to the increase in furnace oil and diesel prices in May, the electricity transmission companies have demanded an increase of Rs 7.96 per unit, which will be collected from consumers in the July bill.
According to the Dawn newspaper, the Central Power Purchasing Agency (CPPA) has requested the energy sector regulators to spend Rs 13.90 per unit on total power generation from various sources during May.
However, in terms of fuel adjustment charges, an additional expenditure of up to Rs.
Read more: Approval of Rs 7.91 per unit increase in electricity price
CPPA is a market operator that facilitates the purchase of electricity from a buyer and delivers it to the power market at competitive prices and its responsibilities include purchasing electricity for power distribution companies (Discus).
In view of the legal requirements, NEPRA has scheduled a public hearing on June 27 in which all concerned agencies and citizens have been invited to present their views against the demands of CPPA during the hearing. ۔
Traditionally, however, demands for an increase in electricity prices have been accepted by regulators, as it is difficult to prove that the high fuel prices are due to any negligence or mismanagement on the part of the CPPA.
The petition filed by CCPA pointed out that in May, very expensive electricity was generated from furnace oil at a cost of Rs. 33.67 per unit and the cost of electricity generated from high speed diesel was Rs. 30.9 paise. Per unit
Read also: Approval to increase the price of electricity by 3 rupees 99 paise
Although the electricity generated from furnace oil and HSD accounts for only 8.99% of the total production, the increase in the price of Regified Liquefied Natural Gas (RLNG) has increased the total production cost of electricity.
The cost of electricity generated from RLNG is Rs 27.92 per unit, while its share in total power generation is 22.89%.
If the price of coal is compared, the cost per unit is Rs.
The nuclear power plant has been the cheapest source of electricity in the country this month at a cost of Rs.
During the month under discussion, Pakistan imported very little electricity from Iran, mostly supplied to the border areas of Balochistan at a cost of 18.95 per unit, and a limited amount of electricity was obtained from the Sugar Mill power plant. The total cost was Rs. 5 98 per unit.
Read more: Approval to increase electricity tariff by Rs 5.94 per unit
The CCPA informed NEPRA that no electricity was generated from water, wind or solar sources in the month of May due to low flow of water in the dams and unfavorable weather conditions.
Meanwhile, in a statement, Ghias Abdullah Paracha, leader of the All Pakistan CNG Association (APCNGA) group, slammed policy makers for not allowing LNG imports from the private sector.
Ghias Abdullah Paracha said that the CNG sector is the only sector that can export LNG for its own needs and they also have the option of long term contracts. Can also provide
The leader of the APCNGA group says this could lead to lower electricity tariffs across the country.
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