Islamabad May 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 4.0554 per unit for the month of April 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 April 2022 worked out to be PKR 10.6641 per unit which is PKR 4.0554 per unit higher than reference tariff.
During the month, fuel cost increased by 72.4 percent year on year due to in higher reliance on Residual Fuel Oil (RFO). During the month, country generated 1,564 GWh of electricity on RFO compared with 147 GWh generation in the same period last year. Electricity generation cost on RFO was PKR 28.1909, which is more than two and a half times in April 2022 when compared with the same period last year.
NEPRA has provided reference fuel price of PKR 6.0687 per unit as per decision of the Authority for EX-WAPDA DISCOs for the month of April 2022, as proposed by CPPA-G.
However, the final decision by NEPRA will be taken on May 31st after the hearing of all stakeholders.
