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Friday December 27, 2024

NEPRA approves Rs7.9 hike in fuel adjustment for May

Increase will be applicable to all consumer categories except for lifeline and K-Electric consumers, a NEPRA notification says

By Web Desk
June 27, 2022
The National Electric Power Regulatory Authority approves Rs7.9 per unit hike for ex-Wapda distribution companies (Discos) for May. — NEPRA website/ File
The National Electric Power Regulatory Authority approves Rs7.9 per unit hike for ex-Wapda distribution companies (Discos) for May. — NEPRA website/ File 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday approved an additional fuel cost adjustment (FCA) of Rs7.9 per unit for ex-Wapda distribution companies (DISCOS) for the month of May.

The increase will be applicable to all consumer categories, except for lifeline and K-Electric consumers, read a notification issued by NEPRA.

It added that the fuel charges adjustment would be shown separately in the consumers' bills on the basis of units billed to them in May and the charges would be reflected in the bill for July.

The Rs7.90 increase will put a burden of around Rs131.8 billion on consumers, including GST. However, it is worth mentioning that a final notification in this regard will be issued later by the regulatory authority.

In June, NEPRA had approved a hike in the power tariff by Rs3.99 per unit under the FCA for the month of April which will be charged along with June’s electricity bills.

The approximately Rs4 hike was announced on account of an increase in fuel prices, capacity costs, and the impact of the rupee's devaluation.