2142 billion Rupees increased in capacity payment after new IPPs

 Newly Reported That 2142 billion increase in capacity payment after new IPPs

Isalamabad: In the financial year 2017, the volume of capacity payment in the electricity sector was 384 billion rupees, which increased to 2142 billion rupees with the addition of new IPPs.

Since 2015, the average consumption of electricity has been 15000 megawatts, while the total production capacity was 20 thousand megawatts, on which the cost in terms of capacity payment was 200 billion rupees.

Although the average electricity demand remained at 13000 MW in 2024, the production capacity reached 43 thousand MW, which increased the capacity payment by 2142 billion.

According to the fixed tariff in 2015-16, the average capacity tariff was Rs 2.78 per unit but now with the addition of new power plants under the power policy of 2015, the capacity tariff has increased to Rs 18.39 per unit for the next financial year 2025.

The main reason for this is the decline in the value of the rupee, which has increased by 97 rupees to 278 rupees against the dollar. In addition, due to the highest tariff in the entire region, consumers in Pakistan have also limited the use of electricity.

Due to this, the capacity payment has also increased, at this time consumers are paying 1083 billion rupees per year to pay off loans, these loans were mostly taken for power generation, 218 billion rupees for operation and maintenance. I was taken.