Politics
Power increase of Rs1.48 per unit in perspective
- CAPP requested a rate hike for the monthly fuel adjustment in January.
- NEPRA approved CAPP hearing request on March 25
Electricity rates are expected to increase by one rupee and 48 paisas per unit, under the guise of a monthly fuel adjustment, it was learned on Saturday.
According to details, the Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to increase electricity prices. CAPP requested a rate hike for the monthly fuel adjustment in January.
NEPRA approved CAPP hearing request on March 25
It can be mentioned here that Prime Minister Imran Khan announced that electricity prices would remain unchanged until June 2020.
Just a few days ago, the Cabinet's Economic Coordination Committee (EAC) postponed its decision on the quarterly rate adjustments for K-Electric for the period from July 2016 to March 2019 and formed a committee to submit a report in one week delay for further review.
In December, the National Electric Power Regulatory Authority (Nepra) recommended K-Electric's quarterly adjustment requests for the period from July-September 2016 to January-March 2019 and authorized 38 percent or 4.87 rupees per unit at 17.69 rupees 12.82 rupees per unit for all 11 quarters from July-September 2016 to January-March 2019 according to the quarterly adjustment formula.
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