ISLAMABAD: While removing a 29 paisa per unit decrease in monthly fuel price change (FCA) for ex-Wapda distribution companies (Discos), the National Electric Power Regulatory Authority (Nepra) on Tuesday said it was not taken right into confidence over the closure of a terminal of Liquefied Natural Gas (LNG).
Commanding a public hearing on a tariff petition of Central Power Purchasing Company (CPPA) in support of Nightclubs, Nepra chairman Tauseef H. Farooqi said the regulatory authority was not taken right into confidence concerning closing down of LNG incurable and also using alternative pricey fuel for power generation during the dry docking of Engro Drifting Storage Space Re-Gasified Unit (FSRU).
The CPPA had actually asked for the regulatory authority to allow a reimbursement of regarding 12 paisa each overcharged to consumers in the month of May 2021 under FCA system. Nonetheless, the Nepra authorities mentioned that versus the actual fuel charge element of Rs5.6734 per unit, the recommendation fuel cost element was Rs5.9322 per unit, a distinction of 26 paisa.
Nepra clears 29 paisa per unit decrease for ex-Wapda Nightclubs; says it was not notified about LNG terminal closure
Furthermore, an additional deviation from Economic Advantage Order was explained that created an added problem of Rs354.29 million or about 3paisa per unit. As such, Nepra worked out concerning 29 paisa per unit reduction involving a complete financial impact of concerning Rs3.6 bn.
Nonetheless, just about Rs1.8 bn would almost be refunded to consumers for the truth that this decrease is not permitted to customers using less than 300 units and farming consumers on the premise that they took pleasure in subsidized rates. The reduced gas expense would be adjusted in customer expenses in the upcoming billing month of July.
These rates would not be applicable to K-Electric consumers.
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During hearing, the Nepra authorities stated the power firms ran inefficient power plants in May and reported gas supplies of simply 600mmcfd rather than 800mmcfd for power generation as well as therefore the greater expense triggered by using ineffective nuclear power plant and also system weak points need to not be transferred to power consumers.
The Nepra principal revealed displeasure over repeated mistakes in transmission system and also asked yourself if the National Transmission and also Dispatch Firm (NTDC) top brass was sleeping when the federal government was mounting nuclear power plant. “Why the NTDC didn’t bring the upgrade of transmission system into federal government’s notification when they were installing brand-new power plants”? he wondered about.
The public hearing was informed that total power generation from all sources in Might was videotaped at 13,009 gigawatt hour (Gwh) at an overall price of Rs74bn at an average price of Rs5.7 per unit. Of this, regarding 12,678 Gwh were provided to Discos at Rs73.6 bn at an ordinary rate of Rs5.8 per unit.
The information showed that hydropower generation contributed 26.6 computer of overall power mix in May. The share of coal generation stood at 20pc, while the share of RLNG-based power generation to nationwide grid stood at 22pc and that of neighborhood gas at 11pc. Similarly, the generation from heating system oil-based plants stood at regarding 6pc when compared to 2.62 computer in April, while the share of nuclear power stayed normally unchanged at 10.2 computer. The share of wind power and also baggase stood at 3pc. There was no fuel expense on hydroelectricity while coal-based gas expense stood at Rs7.8 per unit. Atomic energy fuel cost stood at slightly over Rs1.14 per unit while power produced from neighborhood gas stood at Rs7.85 per unit. The expense of RLNG-based plants was worked out at Rs10 each.
Electrical power imported from Iran had an expense of Rs11 each and also its overall share in power supply was simply 0.36 pc. The most expensive generation came at Rs14.34 per unit from heating system oil-based plants and a small manufacturing from diesel at the rate of Rs22 each.