ISLAMABAD – Under the monthly fuel price adjustment formula, the National Electric Power Regulatory Authority (Nepra) approved Rs 3.24 a unit reduction in power tariff.
The total impact of lower fuel price adjustment is estimated at Rs 21.6 billion for December which included Rs16.8 billion on account of reduction in furnace oil price and Rs4.8 billion on account of better energy mix and gas price.
Last month, the Central Purchasing Power Agency (CPPA) requested the Nepra to cut the power price because of reduction in prices of furnace oil and high-speed diesel in the international market. The consumers of all distribution companies (Discos) except K-Electric and lifeline consumers using less than 50 units would get relief in March.
The Nepra was apprised that 6.57 billion units were sold to the distribution companies during December 2014. The diesel-based power generation cost stood at Rs 19 per unit, furnace oil-based at Rs 12.38, gas-based at Rs 3.57, nuclear at Rs 1.18 per unit and imported energy from Iran at Rs 10.20 per unit, resulting in the saving of Rs 21.6 billion during December.
