Electricity users brace for a price jump, with the CPPA proposing a Rs4.9917 per unit increase for February 2024. This follows January’s Rs7 rise due to fuel costs. The CPPA, representing XWDiscos, has approached NEPRA, noting February’s fuel charge disparity. The hike includes an extra Rs0.5484 from previous adjustments. If NEPRA agrees, consumers face an additional Rs40 billion charge. A hearing is set for March 28, 2024.
Costs varied across energy sources, from Rs1.3213 for nuclear to Rs27.1968 for electricity from Iran. No power came from High-Speed Diesel or Furnace Oil in February.
CPPA reports February’s electricity production at 7,130 GWh, averaging Rs8.6950 per unit, costing Rs61,996 million. Discos received 6,876 GWh, costing Rs64,804 million, with a 3.53% transmission loss.
Hydel sources generated 1,766 GWh (24.77%) at no cost. Coal contributed 1,129 GWh (15.83%), with local coal at Rs14.1863 per unit and imported at Rs20.2194. Local gas produced 787 GWh (11.04%) at Rs12.3794, RLNG 1,450 GWh (20.33%) at Rs24.2952, and nuclear 1,660 GWh (23.29%) at Rs1.3213. Iranian energy costs Rs27.1968 per unit. Bagasse, wind, and solar added smaller shares to February’s mix.
Pakistan has promised the IMF timely tariff adjustments, tackling over Rs210 billion in backlog costs.
The recent Rs7.05 FCA hike for January 2024 stirred business concerns, forecasting a Rs70 billion public burden. This increase threatens the industrial sector with potential foreign exchange losses, particularly for exporters.
 has requested NEPRA to approve a Rs4.9917 per unit increase in electricity tariffs for February 2024.){kind=link}