PESHAWAR: The Central Power Purchasing Agency (CPPA) has requested the National Electric Power Regulatory Authority (NEPRA) to increase electricity tariff by Rs6.10 per unit in terms of Fuel Price Adjustment for January.
The government has already dropped ‘petrol bomb’ on the masses on 15 February by a hefty Rs12 per litter increase in petrol prices and now the government has urged the NEPRA to allow Rs6.10 per unit hike in electricity tariff.
The Central Power Purchasing Agency (CPPA) has asked for hike in electricity tariff in term of monthly fuel adjustment. NEPRA will conduct public hearing on the CPPA’s application on February 28.
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The petition, filed by CPPA states that in January, the country has generated 33.15 per cent electricity hydel sources, 5.83 per cent from coal, 6.73 per cent from diesel, 14.07 per cent from furnace oil, 14.37 per cent from local gas, 7.12 per cent from LNG, 14.37 per cent from nuclear fuel, 2.22 per cent from wind and 1.22 per cent from bagasse.
On 15 February, the government had dropped “petrol bomb” on the masses by announcing a fuel hike Rs12.3 per liter after which petrol price reached record Rs159.86 per liter. The Ministry of Finance has issued a notification to increase the prices of petroleum products which will remain in force till February 28. The price of petrol has been increased by Rs12.03 per liter, high speed diesel by Rs9.53 per liter, light diesel by Rs9.43 per liter and kerosene by Rs10.08 per liter.
After the recent hike, the price of petrol has been increased from Rs147.82 per liter to Rs 159.86 per liter, high speed diesel from Rs144.62 per liter to Rs154.15 per liter and light diesel from Rs114.54 per liter to Rs123.97 per liter. Similarly, the price of kerosene has been increased from Rs116.48 per liter to Rs126.56 per liter.
The Khyber Pakhtunkhwa assembly has already passed resolution against the FPA in electricity bills, saying that the province is generating surplus and cheap electricity from its hydel resources, therefore, imposing FPA in electricity bills in the province “illegal”. The Peshawar high court has also declared it illegal in KP.