Central Power Purchasing Agency
Coverage of Central Power Purchasing Agency in the Nexus archive.
- Inconsistencies in Rs332bn grid revenue flagged
Nepra member Amina Ahmed challenged financial inconsistencies in the National Grid Company's (NGC) Rs332bn three-year revenue requirement approval, citing misclassification of Rs19bn payable to CPPA as a loan and untransferred assets affecting equity calculations. The regulator approved lower revenue than NGC's requested Rs478bn, with increasing use-of-system charges for FY23-FY25.
- Power companies seek Rs1.20 per unit fuel cost adjustment for August
Power companies requested a Rs1.20 per unit fuel cost adjustment for August, citing increased expenses from imported fuels like Regasified Liquefied Natural Gas (RLNG) and furnace oil. The National Electric Power Regulatory Authority (Nepra) will hold a public hearing to review the request, which could add Rs15.7 billion to consumer bills if approved.