Advertisement
Categories: BusinessNewsPakistan

Power Tariff Likely to Drop by Rs1.30 Per Unit

Advertisement

Pakistan’s electricity consumers could see a reduction of Rs1.30 per unit in their power bills for December, as the Central Power Purchasing Agency (CPPA) has requested a decrease in the monthly fuel price adjustment.

The CPPA’s petition, set for review tomorrow, highlights that the estimated fuel cost per unit in December was Rs10.63, but the actual cost stood lower at Rs9.60 per unit. A total of 7.516 billion units were supplied to Distribution Companies (Discos) during the month.

In terms of power generation, 22.80% came from hydro sources, 10.06% from local coal, 1.59% from imported coal, and 0.03% from furnace oil. Additionally, local gas contributed 12.31%, LNG accounted for 20.70%, and nuclear energy made up 26.48% of the supply.

The proposed tariff cut, if approved, will apply for December 2024 only and will not impact lifeline or prepaid electricity consumers, who remain exempt under the winter package.

Advertisement
News Desk

Recent Posts

Fariha Pervez’s ‘Bo Kata’ Returns Strong in Lahore’s Kite Season

WEB DESK: As Basant fever sweeps through Lahore once again, the city's kites are once…

39 minutes ago

Russia Confirms Oil Supply to Cuba Will Continue Despite U.S. Sanctions

World Russia will continue to supply oil to Cuba, according to Russia's ambassador to the…

47 minutes ago

Trump Keeps Vice-Presidential Standoff Alive with Unclear Successor Choice

President Donald Trump has maintained a dual strategy in deciding who might succeed him as…

52 minutes ago

Security Forces End Successful Operation Radd-ul-Fitna-1 in Balochistan

Security forces have successfully concluded Operation Radd-ul-Fitna-1 in Balochistan. According to the ISPR, a series…

57 minutes ago

US Justice Dept. Removes Lawyer After Criticism of Immigration Enforcement Failures

The US Justice Department has removed a government lawyer from an assignment in Minnesota after…

1 hour ago

World Bank Urges Pakistan to Create 30 Million Jobs by 2030 to Avoid Economic Instability

Pakistan must create up to 30 million jobs over the next decade to turn its…

1 hour ago