Power Firms Seek To Extract Rs50bn


Amid inflation already rising at the highest rate in half a century at 36.4 per cent, one of the key contributory factor — the electricity costs — continue to sustain spiking trend as ex-Wapda Distribution Companies (Discos) and K-Electric seek regulatory clearance to extract over Rs50 billion more from their consumers in the sizzling month of June.

In their different tax petitions, Discos have looked to charge Rs19.6bn in fuel cost change (FCA) in June while KE to separate about Rs30.5bn in three coming months both under quarterly duty change (QTA) for January to Spring and FCA for April. The Public Electric Power Administrative Power (Nepra) has acknowledged the separate levy petitions and called formal conferences on May 31 to check whether the proposed expansion in duty is legitimate in accordance with month to month FCA and quarterly systems.

Whenever endorsed, Discos would charge an extra measure of about Rs19.6bn from their purchasers for power consumed in April at an extra FCA of about Rs2.01 per unit notwithstanding a 54pc power age from homegrown less expensive energizes. Then again, the KE would have the option to charge 49 paise per unit extra expense for purchasers to wipe up about Rs747 million under FCA in June on top of Rs5.17 per unit throughout the following three months with a complete monetary benefit of Rs30.5bn under QTA for the period January-Walk.

The expansion in FCA is regardless of the way that the base typical duty has gone up by more than Rs7 per unit and a decrease in the expense of import energizes like heater oil and melted gaseous petrol. One of the critical purposes for the FCA is a drop in hy­­dropower age and the resultant increa­­se in the portion of imp­o­r­ted LNG-based age in the general power supply — making it the most noteworthy benefactor at 24pc.

Related posts