Nepra approves another Rs3.33 per unit hike in electricity prices

June 06, 2024 (MLN): The National Electric Power Regulatory Authority (Nepra) has authorized another increase of Rs3.3321/kWh in the applicable tariff for ex-Wapda distribution companies (XWDISCOs), said a notification issued by Nepra today.

This increase comes on account of variations in the fuel charges for the month of April 2024.

The adjustment will be shown separately in the consumers' bills on the basis of units billed to the consumers in April 2024.

Read: Consumers to pay Rs2.84 per unit extra in May electricity bills

Nepra said the adjustment will be applicable to all the consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers.

Earlier, the Central Power Purchasing Agency (CPPA), a subsidiary of the Power Division, had demanded Rs3.49 per unit additional fuel cost for April 2024 to be recovered from consumers.

CPPA-G said that the actual pool fuel cost for April 2024 was Rs8.9801/kWh, against the reference fuel cost component of Rs5.4918/kWh, Rs3.4883/kWh higher as compared to the reference fuel charges.

Accordingly, nepra "after incorporating the aforementioned adjustments, reviewed and assessed a National Average Uniform increase of Rs3.3321/kWh in the applicable tariff for XWDISCOs on account of variations in the fuel charges for the month of April 2024," reads the notification.

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