The power consumers are projected to receive a 32-paisa per unit relief in October, under the monthly Fuel Cost Adjustment (FCA) mechanism. Chairman, National Electric Power Regulatory Authority (NEPRA), Tauseef H. Farooqi, presided over the hearing into a petition submitted by the Central Power Purchasing Agency (CPPA-G) on behalf of XWDISCOs. Under the monthly FCA mechanism, the CPPA-G had requested a 25 paisa per unit increase in the XWDISCOs' electricity rates for October.

However, based on the initial evaluation for the specified period, the electricity regulator reduced the tariff by 32 paisas. The regulator would announce the decision after evaluating the statistics. For September, the regulator assessed a positive FCA of 8 paisa. The FCA for October would be in effect for one month and be 40 paisa less than the FCA for September. However, lifeline users who use up to 300 units, at agricultural and electric vehicle charging stations besides K-Electric will not avail the reduction. The regulator was informed that during the specified period, 400 million cubic feet per day (MMCFD) of gas was supplied to power plants, compared to a demand of 715 MMCFD.

The lawsuit claims that the CPPA-G maintained that the actual cost remained at Rs 9.416 per unit in October as opposed to the reference fuel charges of Rs 9.175 per unit. During the specified time, a total of 10,704.94 gigawatt hours (GWh) of electricity worth Rs 96.567 billion was produced, and 10,377.26 GWh of net electricity was provided to the DISCOs. Out of the entire amount of energy produced, 29.37% was produced by hydropower, 15.47% by coal, 1.46% by furnace oil, 12.11% by local gas, 17.22% by RLNG, 20.61% by nuclear, and 2.08% by wind.

Credit : Independent News Pakistan-WealthPk