Caretakers likely to ease the woes of power sector

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The power sector’s capacity payment is likely to touch Rs 3.766 trillion per annum by FY 31, 75 per cent of total electricity bill, which will make electricity affordability unsustainable for all categories of consumers, well informed sources told Republic policy.

Capacity payment which was just Rs 185 billion per annum in FY 13 is now hovering around Rs 1.954 trillion. However, during this period Energy Purchase Price (EPP) which was Rs 663 billion in FY 13 has now touched the mark of Rs 904 billion and it will be Rs 1.246 billion by FY 31.

“CPP which was 22 per cent of total tariff in FY 13 will be 75 per cent in FY 31,” the sources added.

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