ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday notified about Rs1.61 per unit additional fuel cost adjustment (FCA) in power tariff for ex-Wapda distribution companies (Discos) for one month to mop up about Rs15.6 billion in additional funds in the current billing month.

The “adjustment of an increase of Rs1.6075/kWh shall apply to all the consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers”, Nepra said in a notification, adding that the adjustment shall be shown separately in the bills based on units consumed in April and reflect them in June’s bills.

The ex-Wapda Discos had proposed an additional FCA of Rs2.01 per unit to generate about Rs19.5bn more funds.

The regulator, however, calculated a positive FCA of Rs1.61 per unit with an additional revenue impact of about Rs15.63bn. It withheld the financial impact on account deviation from the economic merit order amounting to Rs3.726bn, on a provisional basis from the FCA claim till the time system operator — National Transmission & Despatch Company (NTDC) — provides complete justification for the violation.

The regulator said the NTDC had reported system constraints for the violation but it was not in the approved format which means the withheld amount could get back to haunt the consumers in next month’s bills.

Published in Dawn, June 14th, 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

After the deluge
Updated 16 Jun, 2024

After the deluge

There was a lack of mental fortitude in the loss against India while against US, the team lost all control and displayed a lack of cohesion and synergy.
Fugue state
16 Jun, 2024

Fugue state

WITH its founder in jail these days, it seems nearly impossible to figure out what the PTI actually wants. On one...
Sindh budget
16 Jun, 2024

Sindh budget

SINDH’S Rs3.06tr budget for the upcoming financial year is a combination of populist interventions, attempts to...
Slow start
Updated 15 Jun, 2024

Slow start

Despite high attendance, the NA managed to pass only a single money bill during this period.
Sindh lawlessness
Updated 15 Jun, 2024

Sindh lawlessness

A recently released report describes the law and order situation in Karachi as “worryingly poor”.
Punjab budget
15 Jun, 2024

Punjab budget

PUNJAB’S budget for 2024-25 provides much fodder to those who believe that the increased provincial share from the...