ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Tuesday approved Rs 2.83 per unit in power tariff for March under monthly fuel adjustment formula.
This decision was made during a public hearing chaired by chairman NEPRA Tariq Sadozai.
In a petition, Central Power Purchasing Agency (CPPA) has sought Rs 2.78 per unit on account of monthly fuel price adjustment.
However, the regulator approved Rs 2.83 per unit decrease in power prices for all power consumers except K-Electric and those using 100-300 units.
The CPPA informed that some 33 per cent power was generated by gas and 30 per cent by Furnace oil while hydel share remained 28 per cent during March.
The regulator was further informed that a total of 6735 Gigawatt (GW) electricity was generated during the said period while 10 per cent less electricity was produced from furnace oil.
The CPPA said some 6.48 billion units were sold in March costing Rs 34.96 billion. Owing to reduction in furnace oil prices, the average cost of electricity remained Rs 5.53 per unit against the reference fuel charges Rs 8.9 per unit during the said month.
It was further apprised that fuel prices also witnessed reduction at the international market which resulted in saving of electricity production.
The Chairman also expressed concerns over purchasing electricity from a thermal power plant located at Quetta and observed that the said thermal power plant had not any generation license.
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