Perhaps another significant increase in power prices

The Central Power Purchasing Agency (CPPA) has appealed to NEPRA to raise the price of energy by Rs7.13 per unit starting next month.

The rise will cost customers who are already suffering from inflation an extra Rs66.77 billion if NEPRA approves the demand.

According to the CPPA’s appeal, electricity distribution firms received 7.93 billion units in January 2024.

On February 23, Nepra will consider the petition. Customers who are on Lifeline KE will not be able to use the updated pricing.

In light of the monthly fuel adjustment (MFA), it is relevant to note that on January 31, the National Electric Power Regulatory Authority (NEPRA) raised the power rate by Rs5.63 per unit.

Following the conclusion of the NEPRA hearing on the Central Power Purchasing Agency’s (CPPA) appeal for a fuel monthly adjustment that will increase the power rate by Rs5.63 per unit for December 2023, the verdict was made public.