Electricity prices in Pakistan are likely to decline by 72 paisa per unit under the monthly fuel adjustment mechanism, as the National Electric Power Regulatory Authority takes up a petition filed by the Central Power Purchasing Agency on Tuesday.
According to CPPA data, distribution companies were supplied with 7.813 billion units of electricity in November, with the average cost of generation recorded at Rs. 6.16 per unit. The proposed reduction will apply to consumers after approval by the regulator.
The fuel mix during November showed that 39.16 percent of electricity was generated from hydropower, followed by 25.23 percent from nuclear fuel. Local coal contributed 9.34 percent, imported coal 5.06 percent, gas 8.44 percent and imported LNG 8.64 percent of total power generation.
If approved by NEPRA, the reduction will provide relief to consumers amid already high electricity bills.
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