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NEPRA reserves judgment on raising power tariff

KARACHI: National Electric Power Regulatory Authority (NEPRA) has reserved judgment on enhancing the power tariff by Rs 2.56 per unit through Fuel Price Adjustment for the month of September.The additional financial burden of Rs 32.66 billion is likely to be shifted to electricity consumers all over Pakistan including Karachi.During the hearing the Central Power Purchasing Agency (CPPA) , authorities told that average fuel cost per unit remained Rs 10.02 in the month of September while average fuel cost of electricity was estimated at Rs 7.46 during September.According to CPPA Total cost of electricity production remained Rs 127.87 billion during the month of September.Electricity worth Rs 7.95 billion was generated from local coal while the electricity valuing Rs 37.14 billion was generated from imported coal, electricity worth Rs 13.26 billion from diesel, electricity worth Rs 11.81 billion from furnace oil and electricity valuing Rs 13.89 billion was generated from local gas.CCPA authorities tol d cost of generation of electricity through LNG remained Rs 31.93 billion. Overall 12.76 billion units of electricity was sold out by DISCOs .Power division is of view fuel price adjustment for the month of September was feared to go up to Rs 5 to Rs 6 per unit. It was restricted to Rs 2.56 per unit through 2 hours load management and other steps.It is pertinent to mention here CPPA had filed application seeking raise in electricity tariff by Rs 2.56 per unit under Fuel Price Adjustment for the month of September.