Electricity prices are likely to rise across Pakistan next month as NEPRA reviews a request by CPPA seeking a nineteen paisa hike.
Reports show distribution companies received 102.94 billion units in August, yet rising production costs have forced CPPA to seek higher adjustments.
The average production cost in August reached Rs7.50 per unit, compared to Rs7.31 in July, reflecting mounting pressure on the energy sector.
Electricity generated from local coal cost Rs12.01 per unit, while imported coal-based generation surged further to Rs14.07 per unit during August.
Production from furnace oil remained the most expensive domestic source at Rs33 per unit, while gas-based electricity cost Rs13.43 per unit.
The LNG-based electricity production touched Rs21.73 per unit, while imported Iranian power was recorded at the highest cost of Rs41 per unit.
Bagasse-based generation was comparatively cheaper, standing at Rs9.87 per unit, highlighting the stark cost differences across multiple energy sources last month.
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Officials stated NEPRA’s decision on CPPA’s request will be announced soon, which could bring additional financial burden on already struggling consumers.
Meanwhile, Petrol and diesel prices in Pakistan are also likely to rise from October 1, as the federal government reviews a proposal submitted to OGRA.
The petroleum industry has recommended price hikes ranging between Rs2 and Rs4.65 per litre across petroleum products, citing rising costs and adjustments.
According to the proposal, petrol prices may increase by Rs2 per litre, while high-speed diesel could see a Rs2.48 per litre hike.
The plan also suggests kerosene prices rise by Rs4.65 per litre, with light diesel oil increasing by Rs1.76 per litre from current levels.
The final decision will be made by Prime Minister Shehbaz Sharif, after consultations with the finance ministry regarding the proposed adjustments in petroleum prices.
Currently, petrol is priced at Rs264.61 per litre and high-speed diesel at Rs272.77 per litre, but these figures may change following the upcoming government review.