Welcome

Welcome to official website of PRES

IPPs submit petitions for revision in generation tariffs

Three Independent Power Producers (IPPs) including Halmore Power, Orient Power and Saif Power have submitted petitions with the National Electric Power Regulatory Authority (Nepra) for revision and modification of their generation tariffs.

According to details, the petitions have been submitted on the basis of amended operating regime as authorized by the economic coordination committee (ECC), which requires changes in energy component of tariff.

The ECC decision dated June 30, 2011 suggests modification of tariff by Nepra allowing operating of gas based IPPs on backup fuel i.e. high speed diesel (HSD) with full cost recovery for whatever period gas was not made available to them.

In its petition for revision/modification of generation tariff dated December 2007, Halmore Power Generation Company (HPGCL) requested the authority the adjustment on HSD overhaul and maintenance (O&M) variable component to make it 1.79 times the cost of gas O&M component as against the existing 1.44 times.

In its petition for revision/modification of generation tariff dated January 2012, Orient Power Company (OPCL) requested the authority the adjustment on HSD overhaul and maintenance (O&M) variable component to make it 2.39 times the cost of gas O&M component as against the existing 1.64 times. In its petition for revision/modification of generation tariff dated June 2011, Saif Power Limited (SPL) requested the authority the adjustment on HSD overhaul and maintenance (O&M) variable component to make it 2.215 times the cost of gas O&M component as against the existing 1.44 times.

These IPPs have also requested the authority to conduct heat rate test after each major maintenance and adjustment of specific gravity of HSD fuel to reflect the actual position during the gas months. The IPPs have also requested the aforementioned adjustments to be made effective from July 01, 2011. Nepra would hold a public hearing on September 11, 2012 to decide the petitions.

Comments are closed.