Following a recent massive increase of Rs4.85 a unit in electricity tariff, the Central Power Purchasing Agency-Guarantee Limited (CPPA-G) has again sought a huge tariff hike on account of fuel cost adjustment (FCA) for March 2022.
In a petition submitted to the National Electric Power Regulatory Authority (NEPRA) on Tuesday, the CPPA-G proposed an increment of Rs3.16 per unit in electricity tariff on account of FCA for March.
The CPPA-G said that the reference fuel charges for consumers were Rs6.23 a unit in March while the actual fuel cost was Rs9.39 per unit.
“Therefore, it should be allowed to pass the increase of Rs3.16 a unit on to consumers.” Transmission losses were also high in March and stood at 2.94 percent, the petition highlighted. Total energy generation during the month increased to 10,418 gigawatt-hours (GWh) from 8,087 GWh in February. Total generation cost came in at Rs96.03 billion and the per-unit cost was calculated at Rs9.22 a unit.
CPPA-G data suggested that the net electricity delivered to the distribution companies (DISCOs) was 10,078.73 GWh at a cost of Rs94.61 billion, or Rs9.39 a unit. During March, the hydel power generation contributed 1,703.91 GWh to the national grid while the share of coal-based power generation was 2,586.62 GWh (or 24.83 percent) at a cost of Rs12.41 a unit.
The electricity generated from furnace oil during the month under review increased to 1,106.19 GWh (10.65 percent) from 526.73 GWh (6.51 percent) in February. The cost of residual fuel oil (RFO)-based electricity was Rs22.52 a unit. Electricity generation from gas-based power plants increased to 992.72 GWh in March from 918.4 GWh during the previous month. The cost of gas-based electricity was Rs7.79 per unit.
Re-gasified liquefied natural gas (RLNG)-based electricity generation further increased to 1,965.68 GWh in March from 1,226.01 GWh in February. The cost of RLNG-based electricity was Rs14.37 a unit.
The generation by nuclear power plants was 1,563.66 GWh (15.01 percent) at Rs1.03 per unit. Electricity imports from Iran stood at 42.75 GWh at a cost of Rs17.35 a unit. Power generation from bagasse contributed 107.01 GWh during the month under review at Rs5.98 per unit.
Power generation from different sources (mixed) stood at 13.22 GWh at a cost of Rs4.83 a unit, while generation of wind and solar energy was recorded at 267.92 GWh and 68.73 GWh respectively.