The National Electric Power Regulatory Authority (NEPRA) on Thursday approved 86 paisa per unit decrease in power tariff under monthly fuel cost adjustment mechanism (FCA) for August.
The Central Power Purchasing Agency (CPPA) has sought 57 paisa per unit decrease in the tariff for the said period, said a notification issued here.
The regulator conducted a public hearing into the CPPA petition on September 26. The regulator had also slashed 37 paisa per unit in FCA for month of July, it further said.
The FCA for August would be 49 paisa less as compared to July and the relief would be given to the consumers in the billing month of October.
Those consumers who have already received their electricity bills would be compensated in the billing month of November, it further said.
The relief would be applicable to all consumers except lifeline, prepaid and Electrical Vehicle Charging Stations. It would not be applicable to the consumers of K-Electric.
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.