The Central Power Purchasing Agency (CPPA) has filed an application with the National Electric Power Regulatory Authority (NEPRA) for a reduction in the unit price of electricity as part of the adjustment monthly fuel price for December.
Following the CPPA petition, there is a possibility of a cut of Rs 1.03 per unit in electricity prices for the month.
The hearing for this request is scheduled for January 30.
In the petition, the CPPA mentioned that 7.516 billion units of electricity were supplied to the distribution companies (DISCO) in December, the fuel cost of electricity being Rs 9.60 per unit, while the Estimated cost was Rs 10.63 per unit.
The petition also highlights that as of December, 22.80% of electricity generation came from hydropower, 10.06% from local coal, 1.59% from imported coal and 0.03% from fuel oil.
Additionally, 12.31% of electricity was produced from local gas, 20.70% from LNG, and 26.48% from nuclear sources.