ISLAMABAD - The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Rs 1.82 per unit hike in power tariff for the month of September under monthly fuel adjustment formula.
The Central Power Purchase Agency Guarantee Limited (CPPA-G) had sought Rs 2.97 per unit but the regulator allowed Rs 1.82 per unit hike for the said period.
The hearing was presided over by the NEPRAChairman Tauseef H Farooqi. An amount of Rs 24 billion would be recovered from the consumers in the billing of next month. However, the hike would not be applicable to the consumers using upto 300 units, K-Electric and agri connections.
In a petition filed with National Electric Power Regulatory Authority (NEPRA), the CPPA-G on behalf of ex-WAPDA distribution companies maintained that it had charged consumers a reference tariff of Rs 2.
8410/kWh against the actual fuel cost of Rs 5.8136/kWh during the said period.
The CPPA in its petition said the total energy from all sources remained at 13,621.35 Gwh in September and the total cost was calculated to Rs 70.231 billion with an average per unit fuel costof Rs 5.156 per unit.
Some 37.09 per cent of electricity was generated from hydel, 16.39 per cent from coal, 21.06 per cent from RLNG, 11.85 per cent from local gas, six per cent from furnace oil, wind 1.10 per cent and nuclear 5.50 per cent during the said period.
The regulator also sought report from CPPA-G about power generated from furnace oil within 15 days.
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.09 | 748.09 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.44 | 38.84 |
Danish Krone | DKK | 39.69 | 40.09 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.64 | 911.64 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.31 | 25.61 |
Omani Riyal | OMR | 722.87 | 730.87 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.08 | 307.58 |
Thai Bhat | THB | 7.56 | 7.71 |
Copyright ©2024. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.