ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), during a public hearing, has rejected the K-Electric’s demand for increasing power tariff by 14.3 paisa per unit on account of fuel price adjustment for May 2016 despite decline in furnace oil prices.
Nepra Chairman Tariq Sadozai said that K-Electric was supposed to seek a reduction of 8 paisa per unit in its tariff in the wake of decline in furnace oil prices.
In the petition, K-Electric pointed out that it had faced a fuel cost variation of Rs238.77 million in electricity production from external and internal resources. A cost variation of Rs584.14 million came on account of power generation from internal resources whereas the fuel cost fell Rs345.36 million in case of external resources.
This caused an increase of 14.3 paisa per unit in the cost of electricity production for May 2016, it said. During the month, K-Electric supplied 1,669.28 million units of electricity to the consumers.
