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Cost of power production from gas plants increases by Re1
• Costlier electricity result of govt decision to increase gas rate for generators
• Power minister asks provinces to stop collecting electricity duty in bills
ISLAMABAD: The cost of electricity produced from gas-based power plants will go up by Re1 per unit as a result of the government’s decision to increase gas prices.
A public hearing held by the National Electric Power Regulatory Authority (Nepra) on Monday was informed that the government has increased the price of gas for power plants by 17 per cent from Rs1,050 to Rs1,225 per unit from today (July 1).
The government team, led by Central Power Purchasing Agency (CPPA) CEO Rehan Akhtar, added that even after the increase of Re1, power generation from gas-based plants would still be cheaper than imported coal and LNG-based generation.
Mr Akhtar told the public hearing that the CPPA had originally sought Rs0.1 per unit increase in monthly fuel cost adjustment (FCA) for ex-Wapda distribution companies (Discos) for electricity consumed in May which has now been revised.
The cost of production was Rs7.49 per unit instead of........
© Dawn Business
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