Mohsin Siddiqui (Chief Reporter)

The Central Power Purchasing Agency-Guaranteed (CPPA-G) has submitted a request for a tariff increase of Rs5.62 per unit for December 2023. This move aims to recover an additional Rs37 billion from Discos’ consumers under the monthly fuel charges adjustment (FCA). The National Electric Power Regulatory Authority (Nepra) is set to conduct a public hearing on January 31, 2024, to evaluate and decide on CPPA-G’s request for adjustments in Discos’ tariffs.

Electricity Generation Breakdown:

In September 2023, hydel generation accounted for 24.06% of total generation, with 1,859 GWh.

Local coal-fired power plants contributed 110 GWh in December 2023, making up 16.95% of total generation at a unit price of Rs12.3307.

Imported coal generated 384 GWh at Rs17.25 per unit (4.97% of total generation).

Gas-based power plants produced 826 GWh (10.69%) at Rs14.6035 per unit.

Nuclear sources contributed 1,464 GWh (18.95%) at Rs1.3162 per unit.

Wind energy recorded 150 GWh (1.95%), and solar contributed 62 GWh (0.80%) of total generation in December 2023.

Financial Overview:

Total energy generated was 7,726 GWh at a basket price of Rs10.1341 per unit, resulting in a total cost of Rs78.296 billion.

CPPA-G data reveals that net electricity delivered to Discos in December 2023 was 7,418 GWh at a rate of Rs11.0225 per unit, with a total price of Rs81.767 billion.

This total includes a previous adjustment of Rs5.411 billion, the sale of electricity to IPPs, and transmission losses of -3.51%.

Adjustment Proposal:

CPPA-G argues that, given the reference fuel charges for December 2023 were Rs5.4031 per unit, while actual fuel charges amounted to Rs11.0225 per unit, a positive adjustment of Rs5.6194 per unit should be granted.

Stay informed about the latest developments as Nepra reviews and deliberates on the proposed tariff adjustments, shaping the future landscape of the power sector.