The Central Power Purchasing Agency (CPPA) has sought an increase of Rs1.20 per unit in electricity tariff under the monthly fuel charges adjustment (FCA) mechanism for June.
According to a petition submitted to the National Electric Power Regulatory Authority (NEPRA), the proposed increase is based on changes in fuel costs incurred for electricity generation during the month.
NEPRA has scheduled a public hearing on the request for July 29, after which it will decide whether to approve the proposed adjustment.
The CPPA said 13.431 billion units of electricity were generated in June, while more than 13 billion units were supplied to power distribution companies (DISCOs).
The agency stated that the average cost of electricity generation during June stood at Rs8.91 per unit, compared with the reference fuel cost of Rs7.71 per unit, resulting in the proposed increase.
According to the generation mix shared by the CPPA, hydropower contributed 39.03% of total electricity generation in June, followed by nuclear energy at 13.40%, imported coal at 12.65%, imported LNG at 11.02% and local coal at 10.11%.
Electricity generated through local gas accounted for 6.45%, while wind energy contributed 5.03%, solar power 0.82% and furnace oil 0.74%.
The regulator will review the data and stakeholders’ views before issuing its final determination on the proposed tariff adjustment.
Earlier this month, NEPRA increased electricity prices by Rs0.34 per unit under the monthly fuel charges adjustment for May. The increase applied to all power distribution companies, including K-Electric, and was reflected in consumers’ July electricity bills.
