ISLAMABAD:National Electric Power Regulatory Authority (NEPRA) on Thursday reserved its decision after concluding public hearing into K-Electric monthly fuel cost adjustment for July and 4th quarterly adjustment petition .
The hearing was presided over by NEPRA Chairman Tauseef H Farooqi. Member Khyber Pakhtunkhwa Engineer Masood Anwar Khan and Member Balochistan Rehmatullah and members Sindh Rafique Ahmed Sheikh were also present on the occasion.
The K-Electric in its petition sought 55 paisa increase under monthly fuel adjustment for July and 71 paisa hike under quarterly adjustment.
The official of KE told that increase in prices of furnace oil and LNG caused additional Rs.2.40 billion burden. Expensive fuel has to utilize for not carrying out load-shedding, he said.
He said KE also faced low gas pressure problem due to non-upgrading system by Sui Southern Gas Company.
It was further told that modern plant of K-E having 900 MW capacity was near to completion and they were also ready to get more electricity from national grid system.
Authority said that merit order was violated during July and it would cause 51 paisa.