Power tariffs are expected to go up as the Central Power Purchasing Agency (CPPA) has requested the National Electric Power Regulatory Authority (NEPRA) to jack up electricity rates by Rs 1.86 paisa on account of fuel price adjustment.
If granted, the increase in power rates will be for a month on account of fuel price adjustment for electricity consumed in August. The NEPRA will decide on Oct 2 whether to raise power tariff or not.
The CPPA moved a petition before the NEPRA, stating that 40.33 percent of total power generation came from hydropower plants, 13.34 percent from coal-fired plants, 11.87 percent from natural gas and 22.89 percent from LNG-fired power plants. Moreover, 3.60 percent of total power was generated from furnace oil and 4.66 percent by nuclear plants.
The NEPRA had earlier on September 4 allowed an increase of Rs 1.78 per unit in power tariffs on account of fuel price adjustment.