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    Home»Business»K-Electric tariff may swell by Rs9.4 per unit | The Express Tribune
    Business

    K-Electric tariff may swell by Rs9.4 per unit | The Express Tribune

    By adminJuly 4, 2022Updated:July 6, 2022No Comments0 Views
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    ISLAMABAD:

    The Nationwide Electrical Energy Regulatory Authority (Nepra) on Monday indicated a rise of Rs9.42 per unit within the energy tariff for Okay-Electrical customers on account of gas value adjustment for Might 2022.

    Okay-Electrical requested Nepra to extend the facility tariff by Rs11.33 per unit resulting from a higher-than-estimated gas value for Might. The facility sector regulator hinted on the large improve in tariff at a public listening to held at its headquarters to think about the revision in electrical energy charges on account of month-to-month gas value adjustment.

    The listening to was presided over by Nepra Chairman Engineer Tauseef H Farooqi. Its members Engineer Rafiq Ahmed Sheikh and Engineer Maqsood Anwar Khan had been additionally current on the listening to.

    “Okay-Electrical submitted an utility for a tariff improve of Rs11.34 per unit. Nevertheless, in response to Nepra’s knowledge, the FCA (gas value adjustment) prices Rs9.42 per unit,” mentioned the regulator in a press release.

    For April, the customers had been charged Rs5.27 per unit on account of gas value adjustment, which was just for one month, Nepra mentioned.

    “Might’s FCA will likely be Rs4.15 greater than April. This will even apply for just one month,” it added.

    Nepra introduced that the authority would challenge its detailed determination after additional scrutiny of information.

    The most important affect on the gas value adjustment for Might got here from the rise within the worth of furnace oil and electrical energy bought from the Central Energy Buying Company-Assure (CPPA-G).

    The worth of furnace oil rose 38% in Might in comparison with March whereas the value of re-gasified liquefied pure fuel (RLNG) went up 50% in the identical time interval.

    The worth of electrical energy purchased from CPPA-G swelled 53% to Rs13.897 per kilowatt-hour in Might as in comparison with Rs9.387 per kWh in March.

    Printed in The Categorical Tribune, July 5th2022.

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