The Nationwide Electrical Energy Regulatory Authority (Nepra) on Friday authorised Rs 2.97 per unit minimize in energy tariff underneath the top month-to-month gas value adjustment for the month of November.
The regulatory authority made this resolution throughout a public listening to which was chaired by Tariq Sadozai, chairman of Nepra on Friday. The regulator took this resolution whereas listening to the plea of Central Energy Buying Company (CPPA) which has sought changes of variation incurred within the gas price for energy era final month.
Earlier, the CPPA, in its petition submitted with the regulator, sought Rs 2.92 per unit discount in energy value on account of month-to-month gas value adjustment. Additionally, the regulator by approving Rs 2.97 per unit lower in energy costs authorised Rs 19 billion value reduction for all energy customers besides Ok-Electrical.
The CPPA pleaded that complete 6.54 billion models of electrical energy have been offered to electrical energy distribution corporations (DISCOs) within the final month. Gas price on energy era was recorded at Rs 4.49 per unit whereas the reference gas price was set at Rs 7.41 per unit. Additionally, energy manufacturing with furnace and diesel oil was lowered by 1.66 billion models within the mentioned span of 1 month, if the facility era throughout October is counted.
Equally, energy era with diesel and furnace oil in October stood at 3.25 billion models of energy whereas in November it remained at 1.39 billion models. In October, gas price for energy era with furnace oil was set at Rs 15.64 per unit, whereas it remained at Rs 13.85 per unit.
Discount in energy era with expansive gas performed a task in lowering the facility era price. Accessible paperwork additionally mentioned that complete 8.13 billion models of electrical energy have been produced whereas in November it remained at 6.54 billion.
It was additionally learnt that gas price for energy era with coal registered at Rs 4.49 per unit, gasoline at Rs 4.16 per unit, nuclear at Rs 1.18 per unit and electrical energy price of imported Iranian electrical energy was recorded at Rs 9.69 per unit in November.