ISLAMABAD: Adding to the financial troubles of inflation-hit masses, the federal government on Thursday jacked up power tariff by Rs2.56 per unit in terms of fuel cost adjustment (FCA) for the month of August.
The FCA is related to June.
The National Electric Power Regulatory Authority (Nepra) issued a notification regarding the fresh hike in electricity tariff, however, it would not apply to the lifeline and K-Electric consumers.
The adjustment shall be shown separately in the consumers’ August bills on the basis of units billed in the month of June 2024, it read.
Thursday’s hike will put an additional financial burden on consumers worth Rs33.45 billion which would soar to Rs39 billion after the imposition of 18% GST.
The Central Power Purchasing Agency (CPPA) had requested the Nepra to hike the power tariff by Rs2.63 per unit under the FCA.
More to follow…
