ISLAMABAD: Power Distribution Companies (Discos) have sought positive adjustment of up to Rs1.60 per unit to recover additional amount of Rs 52 billion from consumers of KE and Discos for third quarter (January to March 2024) of FY 2023-24 under Quarterly Tariff Adjustment (QTA) mechanism.
National Electric Power Regulatory Authority (Nepra) is scheduled to conduct a public hearing on May 17, 2024 on the petition of Discos filed by Central Power Purchasing Agency Guaranteed (CPPA-G). Of the total requested adjustment of Rs51.883 billion, Rs 31.348 billion is on account of capacity charges to be paid to power generation plants.
Nepra approves Rs85.275bn QTA for Q2FY24
According to data shared with Nepra, Islamabad Electric Supply Company (IESCO) has sought positive adjustment of Rs 8.170 billion for the third quarter ; Lahore Electric Supply Company (LESCO) Rs 13.940 billion, Gujranwala Electric Power Company (GEPCO) - Rs 899 million, Faisalabad Electric Supply Company (FESCO) Rs 9.318 billion, Multan Electric Power Company (MEPCO) Rs 3.621 billion, Peshawar Electric Supply Company (PESCO) Rs 14.717 billion, Hyderabad Electric Supply Company (HESCO) Rs 5.413 billion, Quetta Electric Quetta Supply Company (QESCO) Rs 5.389 billion, Sukkur Electric Supply Company (SEPCO) Rs 2.773 billion and Tribal Electric Supply Company (TESCO) - Rs 562 million. The total requested amount for variable O&M is 5.571 billion, Use of System Charges (UoSC) and Market Operator Fee (MOP) Rs 2.581 billion and impact of incremental units was recorded at zero.
According to NEPRA, in the light of policy guidelines issued by the federal government for application of uniform quarterly adjustments, the 3rd quarterly adjustment for FY 2023-24 of Discos to be determined by the Authority, shall also be applicable on the consumers of K-Electric.
Copyright Business Recorder, 2024
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