ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase in the price of electricity by Rs 1.6 per unit.
According to a statement issued by NEPRA, the Central Power Purchasing Agency (CPPA) had requested an increase of Rs 52 paisa per unit for fuel charge adjustment for the months of October and November 2020.
According to the statement, NEPRA held a public hearing on the two-month FCA on December 30, 2020 and approved an increase in the price of electricity by Rs 1.6 per unit.
The statement said that the fuel price adjustment for October was increased by 29 paise per unit while the fuel price adjustment for November was increased by 77 paise per unit.
According to the notification, the increase in electricity price will be applicable only on the bills for the month of January, the increase will be applicable to all customers of Discoz except Line Life customers.
According to the NEPRA statement, the fuel price adjustment will not apply to electric consumers.
On the other hand, sources said that the increase in the price of electricity would impose an additional burden of Rs 8.40 billion on consumers.