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K-Electric has demanded of the National Electric Power Regulatory Authority (Nepra) to increase Fuel Adjustment Charges (FAC) for the months of November and December 2013, and January, February and March 2014. In order to consider the demand, the regulatory body has decided to hold a public hearing of the matter at a local hotel on May 28 (Wednesday).
Nepra has invited all interested and affected consumers and parties to raise their written and oral comments or objections as permissible under the law at the public hearing. According to Nepra's public notice, the power utility has demeaned increase of 48.513 paisa per unit as FAC for the month of November 2013 and 4.081 paisa per unit for December 2013.
It has demanded a raise of Rs 1.39 per unit for the month of January, 31.701 paisa for February and 93.662 paisa per unit for March 2014. The power utility has shown Rs 563 million as total fuel cost variation in November 2013 from both external and it's own generation sources, similarly Rs 43.181 million in December 2013, Rs 1358 million in January 2014, Rs 296 million in February and Rs 1095 million total fuel cost variation in March 2014 from both external and its own generation sources.
The power utility has shown Rs 747.071 million fuel cost variation in November 2013 from its own generation. Similarly, Rs 811.893 million has been mentioned in December 2013, Rs 96.529 million in January 2014, Rs 708 million in February and Rs 820.44 million as fuel cost variation in March 2014 from its own generation.
The company has shown Rs 184 million fuel cost variations in November 2013 from external generation sources, Rs 855 million in December 2013, Rs 1455 million in January 2014, Rs 411 million in February, and Rs 275 in March 2014 on account of fuel cost variations form external generation sources. K-Electric has claimed to send out 1.160 billion units in November 2013, 1.057 billion units in December 2013, 973 million units in January 2014, 935 million units in February, and 1.169 billion units in March 2014.

Copyright Business Recorder, 2014

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