ISLAMABAD: Power price hiked by Rs1.37 per unit is likely on account of fuel charges adjustment (FCA) for July 2021, which in result will add approximately Rs21 billion additional burden on the power consumers.
National Electric Power Regulatory Authority (NEPRA) on Wednesday completed its necessary hearing process regarding FCA for July 2021 for ex-WAPDA Power Distribution Companies (DISCOs ) and it has reserved its judgment on the matter, which will be announced in near future. However, NEPRA is likely to jack up the power price by Rs1.37/unit under the head FCA of July 2021.
It is relevant to note that this likely hike in the power tariff will also not apply to lifeline power consumers who use 300 units a month, agro-consumers, and consumers of K-Electric.
According to sources, power consumers will have to pay additional amounts in next month’s electricity bills, which resultantly will cause an additional burden of approximately Rs21 billion on the power consumers.
Earlier, NEPRA had fixed reference fuel charge for power generation at Rs5.27/unit while the actual cost of electricity generation was found at Rs6.74/unit in July. And, Central Power Purchasing Agency (CPPA), for DISCOs, asked NEPRA to approve an increase of Rs1.4687/kWh over the reference fuel charges i.e, Rs5.2798/kWh for July 2021.
Based on the information provided by CPPA to NEPRA, a total of 15bn and 21 crore units of power were produced in July 2021. And, out of the total power generation, power production with the hydel source was 29.94 per cent, coal 15.29pc, furnace oil 10.28pc, gas 8.68pc, imported LNG 20.01pc, and nuclear source 10.59pc.
