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Print Print 2023-08-25

Surplus power generation: Consumers to pay over Rs124bn capacity charges

  • LESCO wants to recover the highest amount of Rs28.906bn followed by Multan Electric Supply Company
Published August 25, 2023

ISLAMABAD: Consumers will pay capacity charges of over Rs124 billion for the surplus power generation during the last quarter of fiscal year 2022-23 in the coming months.

The XWDISCOs are seeking approval of the regulator for the recovery of capacity charges as well as others from the consumers.

As per official figures, the Lahore Electric Supply Company (LESCO) wanted to recover the highest amount of Rs28.906 billion on account of capacity payment from the consumers followed by Multan Electric Supply Company (MEPCO) Rs22.634 billion and FESCO Rs21.170 billion, and GEPCO Rs13.891 billion.

In addition, Hyderabad Electric Supply Company (HESCO) would recover Rs7.554 billion capacity charges from consumers, Islamabad Electric Supply Company (IESCO) Rs8.024 billion, Peshawar Electric Supply Company (PESCO) Rs6.794 billion, Quetta Electric Supply Company (QESCO) Rs6.042 billion, Sukkur Electric Supply Company (SEPCO) Rs5.816 billion, and Tribal Electric Supply Company (TESCO) are Rs3.469 billion.

Quarterly adjustment thru power tariff hike: Govt seeks recovery of Rs146bn from consumers in 6 months

Additionally, variable operation and maintenance of Rs7.542 billion included Rs1.096 billion of FESCI, Rs797 million of GEPCO, Rs351 million of HESCO, Rs439 million of IESCO, Rs1.798 billion of LESCO, Rs1.401 billion of MEPCO, Rs935 million of PESCI, Rs388 million of QESCI, and Rs87 million of TESCO.

The use of services charges and financial cost of Rs14.358 billion included Rs2.320 billion of FESCO, Rs1.573 billion GEPCO, Rs950 million HESCO, Rs870 million IESCO, Rs3.236 billion LESCO, Rs2.622 billion MEPCO, Rs715 million QESCO, Rs654 million SEPCO, and Rs448 million of TESCO.

The impact of Rs7.253 billion of transmission and distribution on monthly fuel charges adjustment (FCA) included Rs751 million of FESCO, Rs509 million GEPCO, Rs604 million of HESCO, Rs741 million of IESCO, Rs1.060 billion of LESCO, Rs1.298 billion of MEPCO, Rs1.411 billion of PESCO, Rs437 million of QESCO, Rs383 million of SEPCO, and Rs59 million of TESCO.

Copyright Business Recorder, 2023

Comments

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Tulukan Mairandi Aug 25, 2023 07:09am
Thanks CPEC. Thanks China
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Realist Aug 25, 2023 09:21am
I just meet on video call with a pujab guy who is doing Toyota parts business from Pakistan and ask him why you not start the company in Pakistan for these parts maybe very easy. He replied, I can but if I start, one the very next day I can't come to my house and the security agencies will disappear me. So sad for you people when I hear this. For what are these agencies. Is they are security? I don't think
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Leo Aug 25, 2023 09:42am
surplus? why nobody complained the economy is not increase? why nobody asked why the old IPPs without generation ability still have so huge capacity payment? if really surplus, why always have load shedding without any defects?
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Muhammad Kashif Aug 25, 2023 09:52am
This is the CRIME of the people of Pakistan why their country is generating surplus electricity? Why do we pay capacity charges, while we are NOT getting enough electricity to fulfill our need?
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Dabeer Razvi Aug 25, 2023 10:17am
This is Ridiculous. LESCO carried out lot of load shedding during the month and now claims charges for surplus production. Their Complaint offices do not respond to phone calls, they keep them off. Mismanagement at its peak.
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imdad kolori Aug 25, 2023 12:04pm
perpetual cycle- expensive electricity , less consumption, capacity charges, more expensive, further less consumption, repeat !
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Ahmad Aug 25, 2023 12:17pm
My serious viewpoint get rid of electricity from wapda and go solar.otherwise we won't be able to survive.
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KU Aug 25, 2023 12:23pm
In very simple words, the thieves and corrupt officials are out of control with their greedy intentions. Because of this faithful but shameful horde, what little is left of the sliding economy, is heading towards destruction.
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Hamid Aug 25, 2023 12:25pm
I urge all the Pakistanis to work hard day & night to pay the electricity bill since all your money will go in electricity bills. Nation must stand to support Discos and rental power plants mafia and declare one year fasting with no food expenses so these rental power plants elites can make alot of money.
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Faisal Kandhro Aug 25, 2023 01:16pm
@Leo, loadshedding only occurs in areas where bill payment is low. I live in a small town in Sindh and we don't have load shedding. While neighboring towns suffer.
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Shahid Aug 25, 2023 01:21pm
Thanks to CPEC we just got debt and debt and more expensive electricity American are right china created CPEC to trap Pakistan no benefit to pakistan just debt mountain and pay interest all life
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fatir Aug 25, 2023 03:07pm
@Muhammad Kashif, yes the crime is whole nation is corrupt and begherat.
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Leo Aug 25, 2023 03:12pm
@undefined the load shedding just one aspect, the main point is that too many old plant have no generation ability but still paid...
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Leo Aug 25, 2023 03:19pm
@undefined this idea is stupid, you should censure the IMF leaded this viewpoint rather than complain the CPEC. have you compared with the electrical tariff with the USA or the Europe? which is higher? how the CPEC projects tariff? China invest Pakistan just because of the friendship and want to develop the country, you could see why no Europe and US company invest Pakistan when the Pakistan published the invest policy?
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saif Aug 26, 2023 11:44am
kis na kaha tha surplus bijli bnany ko...awam ko jeeny do..awam ka sabar chk kar rahy hain...daily koi na koi news milti ha k unit main izafa,kabhi capacity charges kabhi quarter adjuametnts aur sath hi radio charges bhi...bills main almost 50% ky qareeb taxes hain...apny aas pass ky mulkon ko daikhain sasti bijli ha lakin humary logon k lie na sasti bijli ha na gas ha aur na hi pani...Allah k azab ana baqi ha bas..is qoom pr raham karain baroz e qayamat hukmrano jawab dena pary ga...
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Tk Aug 27, 2023 11:02pm
@Hamid, and also the corrupt elites, they take local & foreign loans spend it on different projects and get massive kick backs, and then they want the citizens to pay back the looted amount along with interest, while themselves have free petrol & utility allowances & non declared assets locally & abroad in relatives or friends names. So it’s basically their corrupt income via loans being paid back by the common people.
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Muhammad Zahid Qamar Aug 28, 2023 01:04pm
Only solution is to renegotiate with IPPs and tell them that they have earned a lot and now they should quit from these capacity charges which are totally unethical. Also and most important, there should be cases registered against those politician and bureaucrats who were part of these deals and the decisions of these cases should done in specific time frame.
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