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Print Print 2020-05-29

Up to Rs 2 increase in power tariff likely

The government is all set to increase electricity tariff up to Rs 2 per unit under quarterly tariff adjustment mechanism for second and third quarter of current fiscal year
Published 29 May, 2020 12:05am

The government is all set to increase electricity tariff up to Rs 2 per unit under quarterly tariff adjustment mechanism for second and third quarter of current fiscal year
National Electric Power Regulatory Authority (Nepra) will hold a public hearing on June 3, 2020 to decide about the tariff petitions of Discos, meant to recover Rs 162.363 billion from the consumers.
According to the tariff petitions, Discos has sought adjustment of Rs 72.770 billion for second quarterly adjustment October to December 2019, of which Rs 60, 84 billion are required under Capacity Purchase Price (CPP), Rs 2.851 billion against variable O&M cost, Rs 1.662 billion, UoSC & MoF, Rs 7.778 billion as impact of T&D losses on monthly FCA and Rs 95 million as impact of extra/ less purchases.
For third quarterly adjustment January to March 2020, Discos have sought adjustment of Rs 89.363 billion, of which Rs 82.385 billion as CPP, Rs 1.5 billion variable O&M, Rs 1.188 billion UoSC &MoF, Rs 4.555 billion impact of T&D losses on monthly FPA . Discos have sought reduction of Rs 20 million as impact of extra/ less purchases.
Of the total adjustment of Rs 162.363 billion , the Iesco has sought accumulative adjustment of Rs 16.233 billion, Lesco, Rs 28.166 billion, Gepco, Rs 13.494 billion, Fesco, Rs 23.043 billion, Mepco, Rs 23.694 billion, Pesco, Rs 29.776 billion, Hesco, Rs 9.978, Qesco, 14.725 billion, Sepco, Rs 4.139 billion, Tesco, Rs 889 million (reduction).

Copyright Business Recorder, 2020

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