ISLAMABAD, Sep 01 (APP):National Electric Power Regulatory Authority on Tuesday reserved judgment in power tariff increase for July under the monthly fuel adjustment mechanism.
The regulator held public hearing on the petition filed by Central Power Purchasing Agency (CPPA-G) which was presided over by Chairman NEPRA Tauseef H Farooqi.
The regulatory reserved the judgment after hearing arguments of stakeholders.
The decision will be issued after carrying out analysis with regard to the statements made by National Power Control Centre.
During the hearing, the NEPRA observed that expensive electricity was generated from furnace oil and diesel during July and power plants generating low cost electricity were not operated.
Officials of NPPC told that there was 19 per cent share of furnace oil in our energy system. Owing to best management no load-shedding was carried out in July, the officials further said.
They said there would be load-shedding of 8-10 hours if furnace and diesel based power plants were not operated.
It is pertinent to mention here that the CPPA-G sought 86 paisa per unit increase in power tariff for the month of July under monthly fuel adjustment formula.
The CPPA-G on behalf of ex-WAPDA distribution companies maintained that it had charged consumers a reference tariff of Rs 3.5420/kWh against the actual fuel cost of Rs 4.4035/kWh during the said period.
CCPA-G said total energy from all sources remained at 14,710.76 Gwh in July and the total cost was calculated to Rs 63.560 billion with an average per unit fuel cost of Rs 4.4035 per unit.
Some 36.76 per cent of electricity was generated from hydel, 17.55 per cent from coal, 20.62 per cent from RLNG, 10.05 per cent from local gas, 5.84 per cent from furnace oil, wind 2.34 per cent and nuclear 4.86 per cent during the said period.