The government is set to impose an additional burden on electricity consumers, with a potential increase of Rs2.63 per unit in electricity prices for one month.
The Central Power Purchasing Agency (CPPA) has submitted a request to the National Electric Power Regulatory Authority (NEPRA) seeking this price hike under the June fuel cost adjustment.
NEPRA is scheduled to hold a hearing today to review CPPA’s request. Initially, the CPPA sought a lesser increase of Rs2.10 per unit, but this has since been revised to Rs2.63. The agency’s request outlines the breakdown of electricity generation sources: 35.13% of electricity was generated from hydropower, 11.06% from local coal, 1.95% from fuel oil, and 8.66% from local gas.
Despite the CPPA’s request, officials from the power division have asserted that there will be no increase in electricity prices, stating that consumers can expect lower bills compared to June. The request for a price adjustment comes amid ongoing discussions about energy costs and their impact on households and businesses.
The report also highlights that electricity generated from imported LNG accounted for 18.10% of the total, while 14.85% was derived from nuclear fuel. The mix of energy sources indicates a reliance on both local and imported resources to meet the country’s electricity demands.
As the hearing unfolds, consumers will be watching closely to see how NEPRA responds to the CPPA’s request and whether the proposed increase will take effect. The situation reflects the ongoing challenges in balancing energy costs while ensuring a stable supply of electricity to consumers.
