Due to the monthly Fuel Cost Adjustment (FCA) for February, the National Electric Power Regulatory Authority (NEPRA) has increased the price of power by Rs. 4.85 per unit.
It has also announced an increase in the price of power, stating that the electricity produced in February was more expensive than the previously set fuel price.
The power distribution companies (DISCOs) will collect the increase from power customers in the April bill, according to the notice. In addition, consumers will be hit with a charge of Rs. 37.7 billion, not including GST. K-Electric and lifeline customers will be exempt from the hike.
On March 31, the NEPRA held a hearing to determine the FCA but did not make a decision. The Central Power Purchasing Agency (CPPA) has requested that the cost per unit be increased to Rs. 4.94 by the NEPRA.
Under the monthly FCA, which only applies for one month, the administration had earlier raised the power price to Rs. 5.95 per unit for the month of January.