ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified a Rs2.32 per unit reduction on account of fuel cost adjustment (FCA) for consumers of ex-Wapda distribution companies (Discos) for December 2022.

The Central Power Purchasing Agency (CPPA), on behalf of Discos, had demanded a reduction of Rs2.20 on account of FCA for the last month of calendar 2022.

The power regulator held a public hearing on Jan 31.

Earlier, the consumers were charged Rs0.19 per unit increase on FCA account for November 2022.

The consumers will be charged Rs2.51 per unit less compared to November, Nepra said, adding that this will also apply only to the bills for February.

The FCA will apply to all consumers of Discos except lifeline, domestic consumers using up to 300 units, agricultural users and electric vehicle charging stations.

Inquiry panel

Nepra has formed a committee to probe the Jan 23 nationwide electricity breakdown.

At a briefing on Jan 31 this year, National Transmission and Despatch Company, K-Electric. Wapda and all power distribution companies submitted their points of view before Nepra. The regulator said it was observed during the briefing that stances taken by the entities were contradictory to each other and no one was ready to take responsibility of the incident. After the presentation, regulator decided to constitute an inquiry committee to thoroughly investigate the breakdown in the light of Nepra laws, rules and regulations. The committee was asked to submit its report in working 15 days.

Published in Dawn, February 17th, 2023

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Misplaced priorities
Updated 19 Jul, 2024

Misplaced priorities

The government must call its APC at the earliest and invite all stakeholders to take part; this matter cannot be delayed further.
Oman terror attack
19 Jul, 2024

Oman terror attack

THE normally peaceful sultanate of Oman was shaken by sectarian terrorism on Monday when militants belonging to the...
Urban flooding
19 Jul, 2024

Urban flooding

THE provincial authorities have been taking precautionary measures, or so we have been told, to cope with emergency...
A way forward
Updated 17 Jul, 2024

A way forward

Before political leaders inflict more damage, they must give talks a chance.
Export delusions
Updated 18 Jul, 2024

Export delusions

Plummeting exports as a ratio of GDP is one of the major reasons driving the current economic slowdown and the balance-of-payments crisis.
Diversity in UK politics
17 Jul, 2024

Diversity in UK politics

THE recent UK elections have ushered in the most diverse parliament in the nation’s history. Under the leadership...