CPPA wants to raise the price of power by Rs. 2.52 per unit.

The Central Power Purchasing Agency (CPPA) has approached the National Electric Power Regulatory Authority (Nepra) seeking an increase of Rs2.52 per unit in electricity tariffs under the July fuel price adjustment mechanism.

According to Nepra, the CPPA has filed an application seeking the tariff adjustment based on electricity generation costs recorded during July.

The application stated that 10.78 per cent of electricity was generated from imported LNG during the month, costing around Rs77.19 billion, with the fuel cost of LNG-based generation reaching Rs47.37 per unit.

Electricity generated from furnace oil accounted for 1.42pc, with generation costs amounting to Rs10.77 billion.

The application showed that hydropower contributed 39.81pc of total generation, while local coal accounted for 10.91pc and imported coal 14.38pc. Nuclear sources contributed 10.10pc, with their fuel cost recorded at Rs3.02 per unit.

Around 31 million units of electricity were also generated using diesel in July. The cost of diesel-based generation stood at Rs54.47 per unit.

Nepra said it would conduct a hearing on the CPPA’s request on August 27.

If approved, the proposed adjustment would place an additional burden of around Rs41 billion, including GST, on electricity consumers.