Islamabad August 22 2022: Based on the information provided by Central Power Purchasing Agency Guarantee Limited (CPPA-G), NEPRA is set to increase electricity prices by PKR 4.6954 per unit for the month of July 2022 due to high fuel cost adjustment (FCA).
Based on the information provided by CPPA the actual fuel charges for the EX-WAPDA DISCOs for the month of July 2022 worked out to be PKR 10.9833 per unit which is PKR 4.659 per unit higher than reference tariff.
During the month, fuel cost increased by 66 percent year on year due to higher cost of generation on all fuels despite lower reliance on furnace oil. During the month, country generated 877 GWh of electricity on RFO compared with 1,612 GWh generation in the same period last year. Electricity generation cost on RFO was PKR 35.7 which is more than two times in July 2022 when compared with the same period last year.
In July, RLNG based power plants generated electricity at PKR 28.28 per unit, which is 135 percent higher when compared with last year. Electricity cost on coal increases to PKR 20.2 per unit which is 140 percent higher when compared with the same period last year.
NEPRA has provided reference fuel price of PKR 6.2879 per unit as per decision of the Authority for EX-WAPDA DISCOs for the month of July 2022, as proposed by CPPA-G.
However, the final decision by NEPRA will be taken on August 31st after the hearing of all stakeholders.
