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Power consumers to face Rs 5/unit hike

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Power consumers are likely to receive another ‘shock’ as the National Electric Power Regulatory Authority is set to take up CPPA’s plea seeking a hike of Rs5 per unit in the base tariff.

Preparations are underway to impose an additional burden of over Rs 310 billion on electricity consumers.

As per details, the electric power regulator will decide on the Central Power Purchasing Agency plea today, which is seeking a hike in the base tariff for the FY2024-25.

The CPPA has presented seven scenarios for power purchase prices, with an estimated range of Rs 25.03 to Rs 27.11 per unit.

After approval, the burden of power purchase prices is expected to reach Rs 3.58 trillion, putting an additional strain on electricity consumers.

 

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