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Home Business & Stock

NEPRA reduces power tariff for Karachi by Rs.7.43 per unit

MM News Staff by MM News Staff
December 27, 2022
Reading Time: 1 min read

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday reduced power tariff for consumers of K-Electric by Rs. 7.43 per unit (not applicable for lifeline consumers).

Also read: Sindh High Court issues arrest warrant of K-Electric CEO

The decision came after NEPRA conducted a public hearing today over a petition submitted by K-Electric on account of fuel charges adjustments (FCA) for November 2022.

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K-Electric had filed a petition for a reduction in FCA at the rate of Rs7.04/kwh (per unit) for the month for November 2022, saying that November’s FCA was lower primarily due to a reduction in prices of RLNG, furnace oil, and power purchased from CPPA-G by 18 percent, 15 percent, and 37 percent respectively as compared to September 2022.

Also read: Major power breakdown hits southern Pakistan including Karachi

It is pertinent to mention here that the FCAs are dependent on changes in global prices of fuel and are passed on to consumer bills under the prescribed rules and regulations of the NEPRA and the Government of Pakistan.

 
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