Staff Report
ISLAMABAD: Power Distribution Companies (XWDISCOs) has requested the National Electric Power Regulatory Authority (NEPRA) to put further burden of approximately Rs 22 billion and 56 crore on their already burdened power consumers on account of adjustments for the 1st quarter of FY 2023-24.
Pursuant to the notified tariff, power distribution companies (XWDISCOs) have filed their request for adjustments on account of capacity charges, transmission charges & market operator fee, the impact of incremental units and impact of T & D losses on FCA and variables operation & maintenance charges for the 1st quarter of FY 2023-24 i-e July to September 2023, in line with the notified mechanism in this regard.
According to a summary of adjustment requested by XWDISCOs, the power companies (WXDISCOs) have requested total Rs 12,126 million amount on account of capacity charges for the 1st quarter of FY 2023-24 i-e July to September 2023, in line with the notified mechanism in this regard.
As per details, FESCO has sought Rs 3,639 million amount on account of capacity charges, HESCO requested Rs 9 million amount, IESCO Rs 3,743 million, LESCO Rs 10,450 million, SEPCO Rs138 million and TESCO Rs 927 million while GEPCO requested Rs 620 million cut under the head capacity charges, MEPCO Rs 2,754 million reduction, PESCO Rs 93 million decrease, QESCO Rs 3,313 million cut on account of capacity charges for the 1st quarter of FY 2023-24 i-e July to September 2023, in line with the notified mechanism in this regard.
Similarly, the ten XWDISCOs requested Rs 4,617 million amount on account of variable O&M charges as FESCO sought Rs1,033 million, GEPCO Rs 471 million, HESCO Rs188 million, IESCO Rs306 million, LESCO Rs 1,021 million, MEPCO Rs 788 million, PESCO Rs488 million, QESCO Rs 173 million, SEPCO Rs 149 million and TESCO asked for Rs 40 million under the same head of variable O&M charges.
Likewise, WXDISCOs advocated for total Rs4,617 million amount under the head UoSC & MbF as FESCO requested Rs 1,528 million amount, GEPCO Rs918 million, HESCO Rs665 million, IESCO Rs 1,190 million, LESCO Rs 2,650 million, MEPCO Rs1,433 million, PESCO Rs 1,004 million, QESCO Rs198 million, SEPCO Rs 358 million and TESCO Rs303 million on account of UoSC & MbF.
Furthermore, XWDISCOs pleaded for total Rs 6,617 million amount on account of impact of T&D losses on monthly FCA as FESCO requested Rs 640 million amount, GEPCO Rs560 million, HESCO Rs496 million, IESCO Rs548 million, LESCO Rs1,124 million, MEPCO Rs1,253 million, PESCO Rs1,260 million, QESCO Rs317 million, SEPCO Rs367 million and TESCO Rs52 million.
It is also learnt from the summary of adjustment requested the XWDISCOs that FESCO has requested total Rs 4,189 million amount on account of capacity charges, transmission charges & market operator fee, the impact of incremental units and impact of T & D losses on FCA and variables operation & maintenance charges for the 1st quarter of FY 2023-24 i-e July to September 2023, in line with the notified mechanism in this regard. GEPCO sought total Rs 396 million decrease, HESCO Rs 1,056 million, IESCO Rs 5,542 million, LESCO Rs 10,308 million, PESCO Rs2,096 million, SEPCO Rs 926 million, TESCO Rs 1,196 million while MEPCO requested Rs 520 million reduction, PESCO Rs 926 million amount and QESCO Rs 2,625 million decrease on account of capacity charges, transmission charges & market operator fee, the impact of incremental units and impact of T & D losses on FCA and variables operation & maintenance charges for the 1st quarter of FY 2023-24 i-e July to September 2023, in line with the notified mechanism in this regard.
To proceed further and to arrive at a just informed decision, the NEPRA has decided to conduct a hearing on November 14, 2023.
According to sources, if NEPRA grants its necessary approval on the request of XWDISCOs, there is a possibility of a further increase in the price of electricity by Rs 1.30 per unit on account of adjustments for the 1st quarter of FY 2023-24.
NEPRA has invited all the interested parties to submit written/oral comments or objections as permissible under the law at the hearing. And, if someone is interested to participate in the hearing on the above said matter of adjustments, copies of the NEPRA Act, Rules, Regulations, Guidelines and adjustment requests filed by XWDISCOs are available at NEPRA website.
