Islamabad (UrduPoint News-International Press Agency-02-Oct-2019) The National Electric Power Regulatory Authority (NEPRA) has approved electricity cost per unit of electricity at Rs. NEPRA has approved the cost of electricity under August August Fuel Price Adjustment, which will incur an additional burden of Rs 22 billion 60 crore on consumers.
It is pertinent to mention here that the Central Power Purchasing Agency had requested Nepra to raise electricity by Rs.
In a petition filed by the Central Power Chasing Agency to NEPRA, it said that in August, more than 14 billion units of electricity was generated, which cost Rs 67 billion 90 crore.
The request also stated that fuel cost per unit for August was estimated at Rs 3, 20 paise, which was Rs 5 to 7 paise. Except for the Central Power Purchasing Agency’s request for expensive electricity, the country The distribution of electricity was for consumers of companies. It should be noted that yesterday, the federal government also reported raising the electricity tariff by 53 paise per unit. Earlier in its provisional assessment last week, the regulator said it had made changes to the provincial-based distribution margins. And quarterly Ad Justice’s approval saw practical considerations and decisions would be made on several requests from the Ministry of Energy, the Central Power Purchaser Agency and the distribution companies to increase the 93 paise per unit.
The regulator found that in keeping with the energy demands of the Ministry of Energy, the distribution companies under the one-year tariff system would need some time to file their tariff applications in accordance with the amended Act. However, knowing the financial constraints of the Power Sector (NEPRA), it was decided to allow an increase of Rs 14 billion in the already notified tariffs, which was finalized under the one-year tariff system. Deployment may be made on an interim basis.
In addition, the regulator also confirmed that 3Discos had filed its annual adjustments for fiscal year 20-2019, which was not substantiated by the required documentary evidence such as written office, audited financial state minutes, etc. Nevertheless, keeping in view the financial constraints of the power sector and the Ministry of Energy’s offer, the regulator decided to allow Rs 5 billion 77 crore 20 lakh increase in pre-notification tariffs for these distributing companies, which are strictly on temporary basis. Will be subject to ad justice on the required information.