Nepra okays 79 paise per unit hike in tariff.

ISLAMABAD -- The National Electric Power Regulatory Authority (Nepra) on Thursday notified about a 79 paise per unit additional fuel cost adjustment (FCA) in power tariff for ex-Wapda distribution companies (Discos) for one month to mop up about Rs4.5bn in additional funds in the current billing month.

'The adjustment, an increase of Rs0.7917/kWh, shall be applicable to all consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers,' Nepra stated in a notification, adding that the adjustment will be displayed separately on consumers' bills based on the units billed in March 2023.

The ex-Wapda Discos had proposed an additional FCA of Rs1.17 per unit to generate approximately Rs9.5bn in additional funds for the billing month of May. According to the Discos, the actual pool fuel cost for the month of March 2023 was Rs9.88 per kWh, which included previous arrears claim of Rs13.385bn, having an impact of around Rs1.58 per kWh. This left an overall gap of Rs1.17 per unit against the reference fuel cost component...