NEPRA may allow up to Rs4.75 hike in tariff

Islamabad: The National Electric Power Regulatory Authority (Nepra) is likely to allow distribution companies an increase of up to Rs4.75 per unit in power tariff under the monthly fuel cost adjustment (FCA) for October 2021.

According to details, the Central Power Purchasing Agency (CPPA) and K-electric have sought Rs4.75 per unit hike in the power tariff in an application to NEPRA.

The application has been submitted to the National Electric Power Regulatory Authority for adjustment of the power tariff with the fuel price in October.

The NEPRA has fixed November 30 as the date of hearing on the CPPA’s plea on tariff hike while K-electric's plea will be heard on December 2.

The country generated a total of 11.29 billion units of electricity in the month of October, out of which 10.98 billion units were sold to the distribution companies. The recent hike will result in the extra burden of Rs61 billion on the consumers.

Earlier on November 1, the National Electric Power Regulatory Authority (NEPRA) notified a hike up to Rs1.68 in power unit price that will now cost at an estimated Rs15.36 across Pakistan.

Increased rates were not applicable to those who consumed 200 or less units of electricity.