Monday, August 8 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    NEPRA approves price hike of Rs3.99 per unit on account of fuel cost adjustment for April 2022


    June 1, 2022 - Frontier Star

     

      As people across the country await an end to load-shedding, the National Electric Power Regulatory Authority (NEPRA) on Tuesday increased the power tariff by Rs3.99 per unit on account of fuel cost adjustment (FCA) for April 2022.

      According to a notification issued in this regard, the FCA for April 2022 will be charged with the bill of June 2022, which will be paid by all consumer categories of distribution companies, except for lifeline and K-Electric consumers.

      The Rs3.99 increase will put a burden of around Rs58.5 billion on consumers, including 17% GST.

      The said adjustment shall be shown separately in the consumers' bills based on units billed to the consumers in the month of June 2022 by the XWDISCOs.

      'XWDISCOs shall reflect the fuel charges adjustment in respect of April 2022 in the billing month of June 2022,' the notification read. It also added that the FCA would remain applicable for only a month.

      According to the details, this decision will place an additional burden of Rs51 billion on the power consumers while the price hike will not apply to K-electric and lifeline users.

      A hearing was held in NEPRA over the proposal to raise the price of power tarrif by Rs 4.5 per unit. The Central Power Purchasing Agency (CPPA), while applying for the April fuel price adjustment, stated that 12.55 billion units of electricity were generated last month.

      The regulator had held a hearing on May 31, after which the authority approved an Rs3.99 per unit power tariff hike, which is Rs1.13 higher than the FCA of March.

      Meanwhile, according to a private TV channel, the electricity shortfall in Pakistan has widened to over 7,000 megawatts. According to power division sources, the demand in the country for electricity has surged to 28,200 megawatts amid the sweltering weather conditions while the power supply is 21,200 megawatts, with power shortfall surging to over 7,000 megawatts.

      Currently, the country is obtaining 4,635 megawatts of electricity from hydropower, 1,060 megawatts from the government's thermal power plants and 9,677 from the IPPs, the well-placed sources said.

      Meanwhile, several plants have been shut due to the shortage of oil, gas and coal, the sources added.

      Due to the widening shortfall, several parts of the country are suffering 10-12 hours of load shedding daily amid hot weather. However, the duration of load shedding is more than 12 hours in areas carrying higher line losses.

      Due to the unavailability of data, the schedule load shedding procedure is not being applied, the sources added. In Karachi, the K-Electric, the sole power distribution company in the metropolis, is observing 9-10 hours of load shedding daily.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.