ISLAMABAD: In ensure recovery of IMF programsignificant increase in basic electricity tariff up up to 7-7.50 rupees per unit on in cards inside next 2-3 weeks, effective July 1, 2022, above official sources told The News. ” current the average base rate is Rs 16.64 per unit that will go up up to Rs 24.14 per unit with expected increase of 7-7.50 rupees per unit.
However, when addressing the Federal Minister for Power Division Khurram Dastgir Khan said he could not say the exact volume of expected increase in the base rate as the exercises are conducted and to this effect senior officials of the ministry and NEPRA were involved. Once the rebase exercise is complete, then new the base tariff will be determined and put into effect from July 1, 2022 after budget is announced.
Official sources said that the IMF asked for long hike in basic electricity tariff for 2022-23 how new power plants and transmission and distribution projects have been included in in national grid.
They said that some of in new projects are now part of in national network including 878 km of 660 kV high-voltage direct line. current (HVDC) power line, two nuclear power plants (k-2 and k-3), China Hub power factory, Engro power plant and based on RLNG power plant in Trimmu, Jang, in Punjab and some more projects.
The base rate is average. cost of electricity including cost of power transmission and distribution of plants system including fuel and O&M. it also includes power charge of in power plants and this effect, current capacity payments are 800-850 billion rupees per year, which are paid by consumers in tariff and in next budgetary year 2022-23, capacity payments will increase up up to 1.4 trillion rubles. in year. “As a result of new additions of projects in systemrebase of the electricity tariff is inevitable, at which the tariff will increase by up up to 7.50 rupees per unit.
