Tag Archives: National Electricity Power Regulatory Authority.

Pakistan lags far behind- Alternate Energy costlier than Thermal power!

on 04/05/2017

Federal Minister of Water and Power Khawaja Asif has admitted that a few solar and wind based IPPs are producing electricity at Rs18 per kilowatt hour. Alternate Energy is known as one of the most economical source of power generation in the world but in Pakistan some of the alternate energy projects are even costlier than the thermal power plants. In a written reply to the National Assembly, Khawaja Asif wrote that Appolo Solar Development limited, Best Green Energy Pak. Ltd, Crest Energy Pak Ltd were generating electricity at the cost of Rs18.04 per kilowatt hour. He said the Quaid-e-Azam Solar Park has been granted tariff of Rs19.52 for every kwh while wind power projects Younas Energy and Tapal were charging Rs18.42 and Rs18.44 for every unit of electricity. The cost of producing electricity from hydel was Rs1.88 during 2015-16 when some of the above power plants were granted a generous tariff by National Electricity Power Regulatory Authority. According to the NEPRA’s tariff in 2016, the tariff for power generation from High Speed Diesel was Rs11.78, Furnace Oil Rs5.25, Gas Rs6.03, and Power Generation cost from nuclear was Rs1.15 per kwh. All the projects under the CPEC are also under IPP mode and each project has or would be awarded individual tariff. Some of the projects will increase cost of total energy mix by providing them high tariff and end consumer would have to pay for costlier electricity in the near future.