Nepra approves Rs3.33 per unit hike in FCA for XWDISCOs

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MG News | July 08, 2024 at 11:53 AM GMT+05:00

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July 08, 2024 (MLN): The National Electric Power Regulatory Authority (Nepra) has authorized another increase of Rs3.3321/kWh in fuel cost adjustment (FCA) charges for ex-Wapda distribution companies (XWDISCOs), said a notification issued by Nepra on Saturday.

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

XWDISCOs will reflect the fuel charges adjustment in respect of May 2024 in the billing month of July 2024.

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

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 Rs3.4133 per unit additional fuel cost for May 2024 to be recovered from consumers.

CPPA-G said that the actual pool fuel cost for May 2024 was Rs9.1223/kWh, against the reference fuel cost component of Rs5.7090/kWh, Rs3.4133/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 May 2024," reads the notification.

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