- Okay-Electrical seeks Rs1.76 billion for month-to-month gas adjustment, NEPRA says.
- A listening to on this regard can be held on September 29 at 10am by Zoom.
- GIDC for the month of August 2021 can be claimed as per the ultimate determination of SHC within the matter.
ISLAMABAD: Okay-Electrical has requested Nationwide Electrical Energy Regulatory Authority (NEPRA) to extend the worth of electrical energy by Rs0.97 per unit.
In keeping with a notification issued by the regulatory authority on Wednesday, Okay-Electrical has made the request for gas adjustment prices for the month of August.
The electrical firm has sought Rs1.76 billion for month-to-month gas adjustment, NEPRA stated.
A listening to on this regard can be held on September 29 at 10am by Zoom.
Within the notification, NEPRA stated that for the listening to, two points have been framed to be mentioned — together with whether or not the requested gas value variation is justified and whether or not the KE has adopted the benefit order whereas giving dispatch to its energy crops in addition to energy buy from exterior sources.
In a letter written to NEPRA dated September 13, the KE said: “The calculation for the month of August 2021 relies on CPPA-G’s newest gas value decided by NEPRA for the month of July 2021 and it’s topic to adjustment based mostly on the dedication for August 2021 to be issued by NEPRA.”
“Furthermore, instalment of Gasoline Infrastructure Improvement Cess (GIDC) arrears amounting to Rs762 million per thirty days is being billed by SSGC as per Supreme courtroom order dated November 2, 2020,” it learn.
The ability firm talked about that NEPRA in its FCA determination for the month of June 2021 has said “contemplating the truth that Okay-Electrical has obtained keep order from the SHC within the matter, [it has] determined to not permit any quantity on account of GIDC until last determination by the SHC within the matter”.
Accordingly, GIDC for the month of August 2021 can be claimed as per the ultimate determination of SHC within the matter.