NEPRA to decide on Rs2.56 hike

NEPRA has completed its hearing on a proposed Rs2.56-per-unit increase in September electricity charges and has yet to announce its ruling, The Express Tribune reported. The adjustment was sought by the Central Power Purchasing Agency, with officials pointing to higher international fuel costs; LNG spot cargoes were quoted at about $27.33.

September’s average fuel cost reached Rs10.02 per unit, compared with a reference level of Rs7.46, while generation expenses totalled Rs127.87 billion. Electricity demand rose about 6.5% year on year to 10,549 GWh, and the hearing also recorded RLNG supply of 218 MMCFD from Sui Northern Gas Pipelines against sector demand of 350 MMCFD. The proposed adjustment would also apply to K-Electric consumers under government guidelines, while NEPRA will issue its decision separately.