NEPRA Concludes Hearing Into FCA For April
Faizan Hashmi Published June 02, 2021 | 02:51 PM
The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into monthly fuel cost adjustment (FCA) for April
ISLAMABAD, (UrduPoint / Pakistan Point News - 2nd Jun, 2021 ) :The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into monthly fuel cost adjustment (FCA) for April.
The hearing was presided over by NEPRA Chairman Tauseef H Farooqi. Member Khyber Pakhtunkhwa Engineer Masood Anwar Khan and Member Balochistan Rehmatullah were also present on the occasion.
Central Power Purchase Agency (CPPA-G) on behalf of X-WAPDA DISCOs in a petition sought reduction of 86 paisa per unit for April under monthly fuel adjustment mechanism.
NEPRA calculated decrease of 87.59 paisa per unit in the tariff.
In the petition, the CPPA maintained that the actual fuel charges remained Rs 5.7860 per unit against the reference fuel charges of Rs 6.6087 per unit during the said period.
However, after adjustment of previously deducted amount of Rs 4.473 million, it was proposed to pass on benefit of 43.71 paisa to the consumers.
The consumers would get benefit of Rs.
4.47 billion on account of FCA adjustment for month of April.
Regarding maintenance during summer, the Chairman suggested to carry out specialized audit report in order to improve of CPPA working.
The Chairman said a system has been devised to prepare monthly report on circular debt with the assistance of ministry. Monthly report into circular debt was being prepared, he added.
The Regulator would announce its decision till Friday after reviewing statistics provided by CPPA.
In the petition, the CPPA maintained that the actual fuel charges remained Rs 5.7860 per unit against the reference fuel charges of Rs 6.6087 per unit during the said period.
It was informed that a total 10,193.56 GWh electricity, costing Rs 58.79 billion was generated during April. It was further said out of total generation, share of hydel was 24.55 per cent, coal 23.28 per cent, gas 12.19 per cent, RLNG 24.54 per cent, nuclear 10.18 per cent, furnace oil 1.41 per cent and wind 1,88 per cent.
Related Topics
Recent Stories
Israel carries out attack inside Iran, report US media
Saudi Assistant Minister of Defence calls on army chief
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 19 April 2024
Today Gold Rate in Pakistan 19 April 2024
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
More Stories From Pakistan
-
Six drug peddlers arrested with over 4690 grams charras
10 minutes ago -
3-day training program on AI in teaching practices concluded at AIOU
11 minutes ago -
NA Speaker suspends Dasti and Iqbal's memberships for current session
11 minutes ago -
Heavy rainfall causes drainage issues in Peshawar
11 minutes ago -
Intermediate first annual exams 2024 start
20 minutes ago -
Delegation of CUST students visits the Safe City Islamabad
21 minutes ago
-
Mirpurkhas Police crack down on crime, drugs
21 minutes ago -
President IRS commends media for extensive coverage despite challenges
21 minutes ago -
Foreign tourists showing interest in Pakistan’s cuisines
21 minutes ago -
Commissioner stresses to complete all ongoing projects without delay
31 minutes ago -
Sukkur authorities focus on food safety, quality control in wheat purchases
41 minutes ago -
Spring Flower Show attracts students in Agri University at large
1 hour ago