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    Trump lands in China for Xi summit amid US-Iran ceasefire

    Trump lands in China for Xi summit amid US-Iran ceasefire

    Pezeshkian sworn in as Iran’s president

    Tehran sends legitimate demands after Trump rejects peace response, says Iran

    Iran says hypersonic missiles fired at Israel amid Trump’s surrender demand

    Trump rejects Iran peace terms, Tehran warns of new attacks

    US-Iran talks expected in Islamabad this weekend, IAEA Chief

    Ceasefire with Iran still intact, Pentagon Chief

    Pakistan congratulates Donald Trump for winning as US president

    Trump not satisfied with new Iran proposal

    Chinese fighter jet’s firm sales jump after Pakistan-India standoff

    Chinese fighter jet’s firm sales jump after Pakistan-India standoff

    US-Iran talks expected in Islamabad this weekend, IAEA Chief

    Trump not happy with latest Iran proposal to end war, says US official

    UAE – A Land of Opportunity and Sustainable Growth

    UAE – A Land of Opportunity and Sustainable Growth

    First time in history no Muslim representation in Indian cabinet

    India and South Korea plan $50 billion trade push with new deals

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    IMF postpones talks with Pakistan seeking details of flood relief expenditure

    Finance Minister discusses budget preparations with IMF mission

    Pakistan unlikely to buy spot LNG in summer

    Qatari LNG tanker heads via Strait of Hormuz to Pakistan

    OGDCL discovers Oil, Gas reserves in Sindh

    Pakistan’s oil and gas sector shows solid growth in April

    Govt plans hedging to benefit from low oil prices

    Pakistan refineries face Rs24bn losses

    PM Shehbaz inaugurates ‘Salam Pakistan’ brand, ‘e-Portal’

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    Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

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    Akshay Kumar reveals his two upcoming projects during Saudi Film Festival

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    LHC suspends defamation case verdict against Meesha Shafi to pay Rs5 million in damages to Ali Zafar

    Akshay Kumar reveals his two upcoming projects during Saudi Film Festival

    Akshay Kumar wraps Keralam schedule of Anees Bazmee film

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NEPRA approves Rs0.69 per unit hike in K-Electric tariff

Web Desk by Web Desk
in BUSINESS, EDITORS PICK, PAKISTAN
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Tuesday notified an increase of 69 paisa per unit in electricity tariff for the month of July for K-Electric on account of fuel charges.

The authority approved the Fuel Cost Adjustment (FCA) of Rs0.6890/kWh for the month of July 2021 having an impact of Rs1,355 million, said a notification.

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The FCA would be recovered in the bills of November 2021, it was further said. The FCA would be applicable to all the consumer categories except lifeline consumers.

K-Electric seeks increase of Rs0.97 per unit for August 

Apart from this increase, the K-Electric, on September 22, had requested the regulator to increase the price of electricity by Rs0.97 per unit.

According to a notification issued by the regulatory authority on Wednesday, K-Electric had made the request for fuel adjustment charges for the month of August.

The electric company had sought Rs1.76 billion for monthly fuel adjustment, NEPRA had said.

In the notification, NEPRA had said that for the hearing, two issues have been framed to be discussed — including whether the requested fuel price variation was justified and whether the KE had followed the merit order while giving dispatch to its power plants as well as power purchase from external sources.

In a letter written to NEPRA dated September 13, the KE had stated: “The calculation for the month of August 2021 is based on CPPA-G’s latest fuel cost determined by NEPRA for the month of July 2021 and it is subject to adjustment based on the determination for August 2021 to be issued by NEPRA.”

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