NEPRA is considering a record hike of Rs 5.62/unit in electricity rates
Islamabad: The National Electricity Regulatory Authority (NEPRA) has postponed its decision on the request of distribution power companies (DISCOs) to increase the price of electricity by Rs 5.6194 per unit, citing fuel charge adjustment (FCA) for December 2023. Earlier, the Central Power Purchase Authority (CPPA), at the behest of the DISCOs, submitted an application to NEPRA seeking increase in electricity rates under the FCA for December 2023. NEPRA conducted a public hearing on 31 January 2023 (Wednesday), mainly focusing on FCA for December. In its petition, CPPA alleged that the benchmark fuel cost for December 2023 was set at Rs
