Power companies seek Rs2.48 per unit increase

Electricity consumers may need to brace for another jolt as power distribution companies have proposed a tariff increase of up to Rs2.48 per unit. The companies have requested permission from the National Electric Power Regulatory Authority (NEPRA) to collect an additional Rs3.488 per unit from consumers under the fuel charges adjustment (FCA) for April 2024. The Central Power Purchasing Agency (CPPA) filed the petition on behalf of XWDiscos, and NEPRA has scheduled a public hearing on May 30, 2024, to address the matter. According to data submitted to NEPRA, the CPPA reported that 8,639 GWh of electricity was generated in April 2024, at a cost of Rs 79.55 billion, or Rs9.208 per unit. Out of this, 8,375 GWh, costing Rs75.205 billion, was delivered to distribution companies, with transmission losses recorded at 2.73 per cent.