Power users to pay more for fourth quarter

In an interesting observation, National Electric Power Regulatory Authority (Nepra) Chairman Waseem Mukhtar on Wednesday asked the power companies to downplay Rs1.89 per unit additional quarterly tariff adjustments on account of the fourth quarter (April-June) of FY24 and instead project only 96 paise per unit increase. During a public hearing on fuel cost adjustment (FCA) for July, the Nepra chief also celebrated about 31 paise per unit drop in FCA at the start of the new fiscal year and claimed part credit for increasing base tariff with effect from July 1 after also including the impact of transmission constraints in yearly reference tariffs and also appreciated the Central Power Purchasing Agency (CPPA) for monetising the transmission line weakness in tariff.