CCPA seeks Rs2.76/unit cut in power tariff for Sept

ISLAMABAD:- The Central Power Purchase Agency (CPPA) requested the National Electric Power Regulatory Authority (NEPRA) to reduce Rs2.76 per unit for September under monthly fuel adjustment mechanism. Official sources told APP here that in a petition, the CPPA submitted to the regulator that some 10.034 billion units were sold in September costing Rs36.85 billion. The power companies charged reference fuel charges of Rs6.43 per unit while the actual fuel cost remained at Rs3.67 per unit. Therefore, a refund of Rs2.76 was required to be passed on to the consumers.–APP

The regulator was informed that 41.2 percent electricity was generated by hydel, 26 percent by furnace oil and 22 percent by gas while nuclear and diesel share remained four and one percent respectively during the said period.

As per CPPA petition, cost of furnace oil power generation stood at Rs7.6 per unit, gas at Rs 5.24 per unit, diesel at Rs12.33 per unit and nuclear at Rs1.16 per unit. They said the NEPRA would take up the petition on October 27.

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