National Electric Power Regulatory Authority (Nepra) has increased power tariff of Distribution Companies (Discos) by 73 paisa per unit for October 2013 under the monthly fuel adjustment formula. On the request of Central Power Purchasing Agency (CPPA), Acting Chairman Nepra, Khawaja Muhammad Naeem, heard the petition here on Thursday.
During the hearing, Nepra approved 73 paisa per unit increase in the electricity tariff for October. The CPPA pleaded in petition that Nepra has fixed reference fuel cost at Rs 7.49 per unit, but in October the cost of power production per unit remained at Rs 8.23. In October, a total of 8.17 billion units were sold at a total cost of Rs 67.26 billion. In October, the cost of power produced by coal was Rs 3.61 per unit, high speed diesel Rs 22.15, Furnace Oil Rs 15.88, gas Rs 5.07, Nuclear Rs 1. 32, whereas the cost of power imported from Iran was Rs 1.05 per unit.
The transmission line losses were three percent that cost over Rs 2.5 million on which Nepra, expressing its concern, sought five-year report on power production along with transmission line losses from National Transmission and Distribution Company (NTDC).
The Acting Chairman said that with the increase in power tariff people have curtailed the use to a great extent. There is decrease in power demand due to which the load shedding has ended. Increase in power tariff would not be applied on household consumers using less than 50 units per month along with PESCO and KESC.
Author: Mushtaq Ghumman
Source: Business Recorder