ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is expected to raise the electricity tariff by Rs5.63 per unit due to the monthly fuel adjustment (MFA).
According to reports, the Central Power Purchasing Agency (CPPA) has submitted a petition to NEPRA, seeking an increase in the electricity tariff by Rs5.63 per unit for December 2023 under the fuel monthly adjustment.
NEPRA is scheduled to review the CPPA’s plea tomorrow, and if approved, it will impose an additional burden of Rs49 billion on power consumers who are already under pressure due to high inflation in the country. The decision to hike the power tariff aims to sustain the electricity tariff, with the additional recoveries set for June this year.
It’s worth noting that NEPRA had previously raised the power tariff by Rs4.13 per unit for November under fuel adjustment. Earlier, in response to the caretaker government’s request, NEPRA had sanctioned the tariff hike to ensure a consistent electricity tariff nationwide.
