AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)
Print Print 2024-05-31

‘Revenue-based load-shedding’: Nepra chief urges govt to alter law

  • The CPPA-G seeks positive adjustment of Rs 3.49 per unit to recover additional amount of Rs 29.21 billion
Published May 31, 2024

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) Chairman Waseem Mukhtar has asked federal government to alter NEPRA Act if it wants to continue revenue based load-shedding in the country.

He made these remarks during a public hearing on Thursday convened to determine Fuel Charges Adjustment (FCA) for April 2024. The CPPA-G has sought positive adjustment of Rs 3.49 per unit to recover additional amount of Rs 29.21 billion. The main reason for the higher positive adjustment was higher generation on RLNG against the reference and less generation from hydel sources.

During the public hearing, Chairman NEPRA was apprised that on one hand Minister for Power is in favour of revenue based load shedding and on the other NEPRA is issuing notice to the Discos.

Excessive loadshedding: Nepra slaps Rs50m penalty on KE, 4 other Discos

“In my opinion, Regulator is acting as per provisions of the law and in light of this provision, fines are being imposed on Discos. If the government wants to continue load shedding on the basis of losses, it should amend the Act,” said Chairman NEPRA.

Representative of National Power Control Centre (NPCC), Wajid Chattha informed the Authority that demand had dipped by 17 per cent in April 2024 against reference demand due to weather conditions, whereas 14 per cent decrease was witnessed in demand year on year basis. He further stated that net Fuel Charges Component (FCC) is Rs 1.41/kWh lesser than April 2023.

In April peak generation was 16,118 MW whereas minimum generation was Rs 8,478 MW, main reason of which was substantial variation in weather conditions against Met office forecast.

According to Wajid Chattha, key deviation factors are as follows: (i) above normal temperatures projected by Met Office, whereas actual temperatures remained below normal (-0.87 degrees) with 164 above normal rains; (ii) fuel projections were done in accordance with weather forecast and Ramazan factor; (iii) lesser hydro indent on year on year basis; (iv) Neelum Jhelum went on partial forced outage from April 26, 2024; and (v) 500 KV Dadu –Shikarpur circuit# 1& 2 tower collapse (from April 13, 2024 to April 18, 2024 and April 21, 2024, respectively).

He further stated that the government is considering different policy actions in near future which will provide relief to the consumers.

Chief Executive Officer (CEO) Rihan Akhtar identified the reasons for high pressure in gas pipelines in April 2024: excessive availability of RLNG as demand for RLNG was placed in January 2024 per weather forecast by the Met Office, different from actual weather in April; and hydel generation was also on lower side.

He further stated that difference of the price of surplus RLNG and natural gas is diverted to domestic sector. The recent financial impact of RLNG was Rs 32 billion.

During the hearing, it was further noted that currently 2000 MW of electricity is being produced through net metering whereas no data of off-grid is available. According to the FBR data solar plates of 6,700 MW were imported from July 1, 2023 to April 30, 2024.

The CPPA-G stated that electricity demand increases in the evening when production from solar system is not available.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Adnan May 31, 2024 01:03pm
"Can the government take steps to make it cheaper in order to facilitate its use by people?"
thumb_up Recommended (0)
KU May 31, 2024 01:45pm
@KU, of course you are, stealing other people's IDs in comments section, smell is everywhere.
thumb_up Recommended (0)
M. Zahid Iftikhar May 31, 2024 02:29pm
Waseem Mukhtar sb, CEO PEMRA, needs to suggest ways to reduce theft-based line-losses if he thinks that revenue based (theft based, really) load shedding is a problem.
thumb_up Recommended (0)
Dawood May 31, 2024 03:57pm
At least for 3 hot summer months govt. should heavily subsidize electricity so that the poor and average class people can use it to save their souls from this scorching and killing heat.
thumb_up Recommended (0)
KU May 31, 2024 04:11pm
What about theft by the public sector employees or the tehsil level officers who are offering low cost electricity in exchange for bribes? Businesses are unfeasible due to high cost of electricity.
thumb_up Recommended (0)