The National Electric Power Regulatory Authority (NEPRA) on Tuesday slashed the power tariff by Rs2.31 per unit on account of fuel cost adjustment (FCA) for December 2022.
In a hearing about the December fuel adjustment, the NEPRA approved a decrease in the price of electricity by Rs2.31 per unit. In total, 18.7 billion in relief will be given to electricity users in February bills.
The lifeline and K-Electric consumers will not be impacted by this decrease in electricity rates. A thorough conclusion will be drawn public later by the power regulator.
Four new coal power plants will generate 2400 megawatts of power, but only 1800 megawatts will be added to the transmission system, according to NTDC officials who spoke at the hearing earlier.
NEPRA stated that it would be a national loss to not expand the transmission infrastructure by 600 megawatts.
The plants were being installed, but the chairman of NEPRA complained that the power could not be connected to the transmission system.
“Why the electricity from Thar Coal power plants not yet included in the power grid,” a Nepra official questioned during the hearing.
The power regulator summoned a reply over the matter within two days.
The request for the lower power tariff has been submitted by the Central Power Purchasing Agency (CPPA).
In December, hydroelectric generation supplied 20.44 percent of the country’s electrical demands, compared to coal generation’s 18.7 percent. Oil from the furnace produced 0.46 percent of the electricity, while gas produced 15.13 percent.
Additionally, according to the CPPA, over 96 million units of electricity were produced in December of the previous year, with a fixed cost of Rs9.31 per unit but a constant production cost of Rs7.11 per unit.
