ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought a Rs0.55 hike in electricity tariff in terms of monthly fuel charge adjustment (FCA) for September.
Electricity consumers are expected to bear another massive hike in tariffs in the coming days. The CPPA submitted a plea to the National Electric Power Regulatory Authority (NEPRA) to approve a 55 paisas hike in electricity tariff for September FCA.
The NEPRA’s approval would increase the financial burden worth Rs8.37 billion on the power consumers.
The electric power regulatory authority will hear the CPPA’s plea on November 1. According to the CPPA, over 12.92 billion units were generated in September at the cost of Rs7.61 per unit while the reference cost was Rs7.07 per unit.
The plea further stated that 4.83% of electricity was generated from hydropower sources in September, 11.08% from local coal, 4.83% from imported coal, 7.54% from local gas, 15.95% from imported LNG, 17.14% from nuclear fuel.
In another development today, the power tariff is likely to hike for the K-electric consumers by Rs 3.02 per unit yet again.
As per details, the KE has sought an increase in quarterly adjustments for April to June 2023.
The National Electric Power Regulatory Authority (NEPRA) will forward their decision KE plea to the federal government after hearing.
