Business
Concerns arise again over electricity price hike
CPPA requests a raise of Rs2.07 in monthly fuel price adjustment.
Karachi: Preparations have been made to burden electricity consumers once again as CPPA (Central Power Purchasing Agency) has submitted a request for an increase of Rs2.07 in the monthly fuel price adjustment.
The request will be heard on August 30 by NEPRA (National Electric Power Regulatory Authority).
In a move that could lead to another blow to the pockets of electricity consumers, the Central Power Purchasing Agency (CPPA) has filed a request for a hike in the monthly fuel price adjustment.
The request seeks an increase of Rs. 2.07 per unit, which could potentially impose an additional burden of Rs. 35 billion on consumers.
NEPRA is scheduled to review CPPA's request on August 30, raising concerns about the potential impact on households and industries alike.