The National Electric Power Regulatory Authority (NEPRA) is being asked for permission by the government to add an extra Rs. 2.94 per unit in fuel cost adjustments (FCAs) to May bills.
The gasoline cost of Rs. 6.44 per unit scheduled for March is about forty-six percent less than the projected rise in FCA. A national newspaper claimed that NEPRA would make a judgment in this respect during a public hearing on April 26.
Additional FCAs 50–115 percent higher than the gasoline costs announced at the start of FY24 have been seen in recent months.
This extra fee is imposed in addition to a quarterly tariff adjustment hike of 10% and an annual base tariff rise of 26%.
The primary cause of the higher FCA for March is the rise in domestic coal and gas prices, even if imported fuels such as furnace oil, diesel, and coal were not used. Both the exchange rate and the cost of LNG remained consistent.
In contrast to the reference fuel cost of Rs. 6.44 per unit, the actual fuel cost for March was Rs. 9.38 per unit, according to the CPPA’s lawsuit.
