Tag: CPPA

Rousch Power Completes Complex Handover

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power-producer

KARACHI/ISLAMABAD: Rousch Pakistan Power Ltd (RPPL), an independent power producer, has handed over its power complex to the National Power Parks Management Company Ltd after finalizing payments with the Central Power Purchasing Agency (CPPA). Altern Energy Ltd (AEL), RPPL’s parent company, confirmed the move in a stock filing, noting the early termination of its Power Purchase Agreement (PPA) as part of a Negotiated Settlement Agreement (NSA). The decision, approved in November 2024, marks the completion of RPPL’s contractual obligations and formalizes the transition as of December 31, 2024.

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Power Tariff to Rise by 26 Paise Per Unit in December: Nepra

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Power Division

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) announced on Tuesday that the negative fuel cost adjustment (FCA) requested by ex-Wapda distribution companies (Discos) would result in an effective tariff increase of 26 paise per unit in December. During a public hearing, Nepra revealed that while the Central Power Purchasing Agency (CPPA) proposed a reduction of Rs1.02 per unit for October’s FCA, the expiration of the current Rs1.28 per unit negative FCA in November would lead to the effective increase. Key Insights: Power Supply & Costs: October’s power supply…

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Power Firms to Refund Rs7.2 Billion Amid Decline in Demand

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Nepra-Price

ISLAMABAD: Public sector power companies have proposed a 57-paise-per-unit negative fuel cost adjustment (FCA) in electricity bills to refund Rs7.2 billion overcharged to consumers last month. This marks the second consecutive month of negative FCA, driven by robust fuel allowances approved by the National Electric Power Regulatory Authority (Nepra) following a 20% base tariff increase, effective July 1, 2023. In August, domestic fuel sources accounted for 79% of the total power supply, with more than half generated at zero fuel cost. Last month, Nepra approved a 37-paise-per-unit negative FCA for…

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Discos seek Rs42bn additional despite low usage in December

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power-e-unit

ISLAMABAD: In yet another blow to electricity consumers, the Central Power Purchasing Agency (CPPA) on Monday sought more than 100pc (Rs5.62 per unit) increase in fuel charges to mop up about Rs42 billion for ex-Wapda Distribution Companies (Discos) through February consumer bills and make up for subdued consumption of the most expensive electricity. This is apparently the highest-ever increase in fuel cost adjustment (FCA) demanded by the CPPA despite about 75 per cent power supply coming from domestic cheaper fuel sources in December 2023. This FCA is being sought on…

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Power users to pay Rs4.13 per unit more in Jan

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Nepra-KE-1

ISLAMABAD: The power regulator Nepra has announced a significant fuel cost adjustment (FCA) of Rs4.13 per unit for users of government-owned distribution companies (Discos), marking a substantial financial impact of about Rs35 billion. This adjustment relates to electricity consumed in November and will be reflected in the January bills of consumers, except those in the lifeline category and K-Electric users. This development marks the second consecutive month that the National Electric Power Regulatory Authority has approved an FCA for Discos consumers. Previously, in October 2023, it approved an FCA of…

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