CPPA seeks Rs1.20 per unit increase in electricity prices

According to the application, NEPRA will hold a public hearing on July 29 to review the request before making a final decision on whether to approve the proposed increase. The proposed adjustment is part of the monthly fuel price adjustment mechanism, under which electricity tariffs are revised based on changes in power generation costs.

The CPPA informed NEPRA that hydropower remained the largest source of electricity generation in June, accounting for 39 percent of the country’s total power generation during the month. According to the application, electricity generated from local coal accounted for 10.11 percent, while imported coal contributed 12.65 percent to the national power generation mix.

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The agency further stated that imported gas accounted for 11.02 percent of electricity generation during June. It also said nuclear power contributed 13.40 percent of the country’s total electricity generation during the same period.

NEPRA will review the generation data and other relevant details during the hearing before issuing its final decision on the proposed fuel price adjustment. If approved, the increase will be reflected in electricity bills for applicable consumers under the monthly fuel price adjustment mechanism.