{"id":56176,"date":"2019-10-11T10:53:30","date_gmt":"2019-10-11T05:53:30","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56176"},"modified":"2019-10-11T11:02:25","modified_gmt":"2019-10-11T06:02:25","slug":"consumers-save-pkr-65-bn-due-to-shift-away-from-furnace-oil","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/consumers-save-pkr-65-bn-due-to-shift-away-from-furnace-oil.html","title":{"rendered":"Consumers save PKR 65 bn due to shift away from furnace oil"},"content":{"rendered":"<p>Karachi: End consumers saved nearly PKR 65 billion in one fiscal year due to the shift away from furnace oil to imported gas, according to a news source. These savings were achieved in the fiscal year ending on June 2018, and resulted from the move towards imported re-gasified liquefied natural gas (<a href=\"https:\/\/www.zameen.com\/news\/sngpl-begins-rlng-supply-for-domestic-consumers.html\" target=\"_blank\" rel=\"noopener noreferrer\">RLNG<\/a>).<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-minimises-taxes-to-spur-investment-in-new-lng-terminals.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt minimises taxes to spur investment in new LNG terminals<\/a><\/p>\n<p>The National Electric Power Regulatory Authority (NEPRA) revealed this information in its Annual Report 2017-18. This report was issued recently and stated that these savings were passed on to the end users in the form of a fuel price adjustment.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/k-electric-establish-new-power-plant-near-bin-qasim.html\" target=\"_blank\" rel=\"noopener noreferrer\">K-Electric to establish new power plant near Bin Qasim<\/a><\/p>\n<p>This adjustment was mainly due to the power purchase price (PPP), which included the impact of transmission &amp; distribution (T&amp;D) costs, fuel cost adjustment (FCA), and prior year adjustment (PYA). The benefits of this relief were enjoyed by all consumers, apart from agricultural consumers or those using more than 300 units.<\/p>\n<p>This was because the government phased out 4,000 Megawatts (MW) of production capacity based on furnace oil, and added 5,000 MW of capacity based on RLNG till June 30, 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: End consumers saved nearly PKR 65 billion in one fiscal year due to the shift away from furnace oil to imported gas, according to a news source. These savings were achieved in the fiscal year ending on June 2018, and resulted from the move towards imported re-gasified liquefied natural gas (RLNG). Read: Govt minimises taxes to spur investment in new LNG terminals The National Electric Power Regulatory Authority (NEPRA) revealed this information in its Annual Report 2017-18. This report was issued recently and stated that these savings were passed on to the end users in the form of a fuel price adjustment. Read: K-Electric to establish new power plant near Bin Qasim This adjustment was mainly due to the power purchase price (PPP), which included the impact of transmission &amp; distribution (T&amp;D) costs, fuel cost adjustment (FCA), and prior year adjustment (PYA). The benefits of this relief were enjoyed by all consumers, apart from agricultural consumers or those using more than 300 units. This was because the government phased out 4,000 Megawatts (MW) of production capacity based on furnace oil, and added 5,000 MW of capacity based on RLNG till June 30, 2018.<\/p>\n","protected":false},"author":58,"featured_media":45051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[5971,13377,7097],"persona":[],"class_list":{"0":"post-56176","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-electricity-generation","8":"tag-furnace-oil","9":"tag-rlng"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consumers save PKR 65 bn due to shift away from furnace oil - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: End consumers saved nearly PKR 65 billion in one fiscal year due to the shift away from furnace oil to imported gas, according to a news source.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/consumers-save-pkr-65-bn-due-to-shift-away-from-furnace-oil.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumers save PKR 65 bn due to shift away from furnace oil - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: End consumers saved nearly PKR 65 billion in one fiscal year due to the shift away from furnace oil to imported gas, according to a news source.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/consumers-save-pkr-65-bn-due-to-shift-away-from-furnace-oil.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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