Upfront tariffs for coal-fired power plants revised

National Electric Power Regulatory Authority (Nepra) has revised upfront tariffs for coal fired power plants by fixing efficiency level at par for imported and local plants for 30 years to be financed through local and foreign funds. Both the federal government and Thar Coal Power Company had requested revision in determination of upfront tariffs for coal fired plants.
According to Nepra's summary, levellised tariff for 220 MW imported coal power projects will be 8.6417 cents per unit for foreign financing and 9.6774 cents through local financing, whereas tariff for same capacity of local fired power plant will be 8.2537 cents per unit for foreign financing and 9.2978 cents per unit on local financing. Upfront tariff for 330 MW power plant at Thar on foreign financing will be 8.5015 cents per unit.
Upfront tariff for 660 MW imported coal fired power plants will be 8.3601 cents per unit on foreign financing and 9.5422 cents on local financing. For power plants to be established on local coal and foreign financing upfront tariff has been fixed at 8.0116 cents per unit and for local coal and local financing upfront tariff will be 9.2100 cents per unit.
Investors who intend to establish 1,100 MW imported coal-fired power plant on foreign financing will get 8.0189 cents per unit tariff while on local funding tariff will be 9.1198 cents per unit. Upfront tariff for 1,100 MW local coal-fired power plants will be 7.6738 cents per unit on foreign financing and 8.7897 cents on local financing.
For first 10 years, upfront tariff for 220 MW imported coal-fired projects will be 9.3821 cents per unit on foreign financing and 10.9148 cents on local financing whereas tariff for local coal-fired power plants to be established will be 8.9941 cents per unit on foreign financing and 10.5352 cents on local financing. For Thar 330 MW power plants to be established on foreign financing tariff will be 9.6576 cents per unit.
Upfront tariff for 660 MW imported coal-fired plants during first 10 years, will be 9.0642 cents per unit on foreign financing and 10.7776 cents on local financing while upfront tariff for power plants of same capacity to be set up on local coal, will be 8.7157 cents per unit on foreign financing and 10.4454 cents on local financing.
Foreign financing imported coal-fired power projects of 1,100 MW will get upfront tariff of 8.6746 cents per unit and projects on local financing will be given 10.2702 cents per unit during the first ten years. Upfront tariff for local coal fired plants to be set with foreign financing will be 8.3294 cents per unit and 9.9400 cents on local financing.
For 11-30 years, upfront tariff for 220 MW imported coal-fired projects on foreign financing will be 7.2557 cents per unit and 7.3609 cents per unit on projects with local financing. Tariff for projects of the same capacity to be established on local coal and foreign financing will be 6.8677 cents and on local financing 6.9813 cents per unit. For Thar 330 MW foreign financing project, tariff has been fixed at 6.2898 cents per unit.
For 660 MW imported coal projects to be set up on foreign financing tariff has been set at 7.0419 cents and local financing 7.2295 cents whereas tariff for local coal-fired plants with foreign financing will be 6.6934 cents per unit and on local financing 6.8974 cents per unit next 20 years, ie, (11-30 years).
Upfront tariff for 1,100 MW imported coal-fired projects to be set on foreign financing will be 6.7915 cents per unit, and local financing 6.9664 cents whereas tariff on local coal-fired power plants with foreign financing has been fixed at 6.4463 cents and for local financing 6.6362 cents per unit for 20 years (11-30 years) Efficiency for imported and local coal-fired plants has been set at 37 percent for 220 MW, 39 percent for 660 MW, 40 percent for 1,100 MW and 37 percent for 330 Thar power plant.