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Monday, November 25, 2024

Home Business Power tariff hiked by Rs3.99 per unit for May under FCA

Power tariff hiked by Rs3.99 per unit for May under FCA

by News desk
June 1, 2022
in Business

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The National Electric Power Regulatory Authority (Nepra) on Tuesday approved a Rs3.99 per unit hike in electricity tariff on account of fuel cost adjustment for April 2022.

In a hearing conducted to consider the Central Power Purchasing Agency’s (CPPA) petition for fuel cost adjustment for April 2022, the authority stated that the increase will be applicable on customers for one month only.

In the petition, CPPA had demanded Rs4.05 per unit hike in the power tariff. The Nepra said that the upward revision will apply to customers of all power distribution companies except K-Electric and lifeline energy consumers.—TLTP