Nepra jacks up power tariff by Rs9.90 per unit

Business Aug, 13 2022
Nepra jacks up power tariff by Rs9.90 per unit
  • 337
  • 0

 ISLAMABAD: National Electric Power Regulatory Authority (Nepra) increased in electricity tariff by Rs 9.90 per unit on account of monthly fuel adjustment (MFA) for June 2022.

According to notification issued by Nepra, CPPA had requested an increase of Rs 9.91 per unit and authority held a public hearing on July 28, 2022. Recent hike in power tariff will be applicable only on August bills while it will not apply to K-electric consumers. According to notification issued, Nepra has approved to increase in electricity price of K Electric.

“Fuel adjustment for June will be charged to consumers in 2 months, in August consumers will be charged Rs 3.01 per unit,” notification stated.

Regulatory authority clarified that out of a total FCA of Rs 10.11 per kWh, an amount of Rs 3.01 per kWH shall be charged in billing month of August and Rs 8.09 per kWh in billing month of September.

Published in The Daily National Courier, August, 13 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Sindh CM unveils ambitious plan targeting polio-free future by 2025

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious plan to eradicate poliovirus from the province by 2025, finalizing preparations for a major vaccination campaign scheduled from February 3 to 9. The drive aims to vaccinate...

Bilawal pledges to solve business sector challenges

KARACHI: Pakistan Peoples' Party Chairman Bilawal Bhutto Zardari said that solutions to challenges will be sought in collaboration with the business community. Addressing a luncheon held in honour of traders here, Bilawal Bhutto emphasised improving...

PFUJ demands action against PECA Amendment Bill

ISLAMABAD: President of the Pakistan Federal Union of Journalists (PFUJ), Afzal Butt, has warned the federal government about the consequences of ignoring concerns over the controversial PECA Amendment Bill. Speaking at a protest in Islamabad's D-Cho...

Historic MoU signed between Governor Initiatives and UoK

KARACHI: In a groundbreaking ceremony held at the Governor House, a Memorandum of Understanding (MoU) was signed between Governor Initiatives and the University of Karachi. This historic agreement aims to empower 50,000 youth with free IT training, p...

More like this
Related

Govt to approach IMF for approval on power tariff re-basing

ISLAMABAD: Pakistan has decided to formally inform the International Monetary Fund (IMF) about its planned electricity tariff rebasing, seeking the lender's approval to avoid placing additional financial pressure on consumers and to prevent potential...

Senate panel briefed on SBP's efforts to simplify merchant account process

ISLAMABAD: The Deputy Governor of the State Bank of Pakistan (SBP), Dr. Inayat Hussain, announced that the SBP is simplifying the process for opening merchant accounts in Pakistan. He emphasized the need to encourage consumers to adopt digital paymen...

OICCI hosts Minister Ahsan Iqbal for economic policy dialogue

KARACHI: The Federal Minister for Planning, Development, and Special Initiatives, Mr. Ahsan Iqbal, visited the Overseas Investors Chamber of Commerce and Industry (OICCI) for an interactive session with foreign investors and business leaders. The se...

Pakistan, Saudi Arabia pledge to enhance economic cooperation

ISLAMABAD: Pakistan and Saudi Arabia have once again reaffirmed their commitment to enhancing bilateral economic ties, aiming for mutual prosperity and growth. This reaffirmation of cooperation took place when Pakistan's Finance Minister Muhammad Aur...
Need Help? Chat with us