CPPA recommends increasing power tariff by Rs3.15 per unit

ISLAMABAD: Central Power Purchasing Agency (CPPA) on Tuesday recommended increasing power tariff by Rs3.15 per unit.

According to details, in a request submitted to the National Electric Power Regulatory Authority (NEPRA), the Central Power Purchasing Agency (CPPA) sought increase in power tariff under fuel adjustment for the month of March.

NEPRA will hear the plea on April 27 in which price hike and collection of additional billions of rupees is requested.

Earlier, the new government-issued tenders seeking bids from international suppliers to purchase six cargoes from the LNG spot market — three each for May and June at competitive prices, a senior official of the Energy Ministry said.

Earlier, Pakistan LNG Limited (PLL) had decided not to buy spot LNG cargoes for April and May.

While in power in its last era, the PML-N had set up three state-of-the-art LNG-based power plants in Punjab — Haveli Bahadur Shah 1,230 MW, Bhiki 1,180 MW and Balloki power plant 1,230 MW.

The government preferred to utilise them for power generation instead of power plants that run on furnace oil and diesel. It had also started the construction of an RLNG-based power plant at Trimmu, Jhang, which is the fourth in Punjab with a capacity to generate 1,263 MW. It is now complete. All the four RLNG-based power plants have over 62% efficiency.