ISLAMABAD (Business Desk): The Central Power Purchasing Agency (CPPA) has approached the National Electric Power Regulatory Authority (NEPRA), seeking an increase of Rs2.56 per unit in electricity prices under the September fuel price adjustment.
According to NEPRA, a hearing on the application will be held on October 29. The CPPA’s application states that the average fuel cost per unit of electricity in September was initially estimated at Rs7.46 but subsequently rose to Rs10.02.
According to the application, Rs7.95 billion was spent on electricity generation using local coal in September, while Rs37.14 billion was spent on imported coal and Rs13.26 billion on diesel. During the same period, Rs11.81 billion was spent on furnace oil.
The CPPA reported that electricity generation using domestic gas cost Rs13.89 billion, while generation using liquefied natural gas (LNG) cost Rs31.93 billion. Total fuel expenses for electricity generation during September amounted to Rs127.87 billion.
According to the application, electricity distribution companies collectively sold 12.76 billion units of electricity during September.