Electricity bills may rise further with proposed CPPA fuel adjustment

MG News | April 18, 2024 at 02:19 PM GMT+05:00

0:00

April 18, 2024 (MLN): The Central Power Purchasing Agency (CPPA), a subsidiary of the Power Division, has demanded Rs2.94 per unit additional fuel cost for March 2024 to be recovered from consumers.

The request for this hike has been submitted to the National Electric Power Regulatory Authority (Nepra) for the third consecutive month.

A public hearing to consider the proposed adjustment has been scheduled by Nepra on April 26, 2024.

If approved, this adjustment will be billed from consumers through May bills.

“An increase of Rs2.9402/kWh over the reference fuel charges as per the notified Annex-IV of the decision of the Authority for XWDISCOs i.e. Rs6.4417/kWh, has been requested by CPPA-G for the month of March 2024,” reads the notice by Nepra.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%