NEPRA Notifies Reduced FCA For September

Karachi: After due process, NEPRA issued its decision on K-Electric’s petition for reduced Fuel Charge Adjustments (FCA) for the month of September 2022. The reduction is at a rate of 5.13 per unit and will reflect in consumer bills for the month of November 2022. FCAs are approved by the regulator, NEPRA, after review who also specifies the month during which the charge is applied in consumer bills.

Also Read: NdcTech Participates in Singapore Fintech Festival

FCA is dependent on the global prices of fuel and are passed on to consumer bills under the prescribed rules and regulations of NEPRA and the Government of Pakistan. September’s FCA was lower primarily due to a reduction in fuel prices. The price of power purchased from CPPA-G in September decreased by 37% from June 2022. Similarly, for RLNG, the price in September decreased by 13% from June 2022.

Also Read: VEON recognizes its Pakistan-based operating companies as D&I champions

Leave a Reply

Your email address will not be published. Required fields are marked *