Consumers to Face Power Tariff Increase by Rs 3.3 per unit
Staff Report
National Electric Power Regulatory Authority has increased the electricity price by Rs.3.3321 per kilo what hour (kWh) on account of fuel charges adjustment (FCA) for April 2024.
According to NEPRA’s decision, the price of electricity has been increased by Rs 3.33/unit for one month under the head FCA for April 2024 and the power consumers of power distribution companies (DISCOs) will bear this additional burden in the current month’s bills.
The adjustment of Rs.3.3321/kWh shall be applicable to all the consumer categories except Electric Vehicle Charging Stations (EVCS), lifeline consumers, and the consumers of K-Electric as well, said NEPRA notification.
“The said adjustment shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in the month of April 2024. DISCOs shall reflect the fuel charges adjustment in respect of April 2024 in the billing month of June 2024, NEPRA notification added. Nepra Notifies Power Tariff Increase Up To Rs 3.76 Per Unit
DISCOs are directed that while charging the fuel charges adjustment from their consumers, the Order of the Honorable Court(s), if any, be kept in mind and ensure compliance with the Order(s) of the Court(s), whatsoever, in this regard. In case of non-compliance of Court(s) Order the concerned DISCO shall be held responsible for violating/defying the orders of the Honorable Court(s), said NEPRA decision on FCA of April 2024.
Pursuant to Section 31(7) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 as amended through the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Act 2011 (Act No. XVIII of 2011), amended subsequently through Act No. XIV of 2021, the National Electric Power Regulatory Authority makes and notifies the adjustments on account of variations in fuel charges in the approved tariff of DISCOs.
Earlier, the Central Power Purchasing Agency (CPPA) had submitted an application to the National Electric Power Regulatory Authority (NEPRA) on the request of distribution companies (DISCOs) to increase the electricity price by Rs 3.4883 per kilowatt hour (kWh) under the head Fuel Charges Adjustment (FCA) of April 2024.
The CPPA, in its application, has claimed that the total electricity generated with various fuels in March 2024 was recorded a 8,639 GWh, at Rs 9.2086 per unit. The total cost of energy was Rs 79,556 million.
The power generation with the hydel source was 2,070 GWh (gigawatt per hour) constituting 23.96 percent with zero cost of power generation while power production with coal-fired power plants was 902 GWh (local coal) and the total power generated for Rs 14,421 million.
Similarly, the power generation from gas-based power plants was 975GWh, 11.28 percent of the total generation, totaling Rs13.2535 per unit and the generation from Re-gasified Liquefied Natural Gas (RLNG) was 2,157 GWh, which was 24.97 percent of total generation, at Rs 22.1261 per unit.
Likewise, power production from bagasse was recorded at 56 GWh, the price of which has been calculated at Rs 5.9822 per unit.
The electricity generated from wind was recorded at 287 GWh, 3.32 percent of total generation, and solar at 113 GWh, 1.31 percent of the total generation in April 2024.
Moreover, electricity generation from nuclear sources was 2,043 GWh which came out at Rs 1.5341 per unit, 23.64 percent of the total generation, and electricity imported from Iran was 37 GWh amounted to Rs 27.4484 per unit, 0.43 percent of the total power generation in the said month of April 2024.
It is also learned from the data submitted by the CCPA with NEPRA that net electricity delivered to DISCOs in April 2024 was 8,375 GWh (96.94pc) at a rate of Rs 8.9801 per unit, the total price of which was Rs 75,205 million.
