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NEPRA Notifies Reduced FCA for November 2022

Karachi, January 12, 2023 (PPI-OT):After due process, NEPRA issued its decision on K-Electric’s petition for reduced Fuel Charge Adjustments (FCA) for the month of November 2022. The approved reduction is at a rate of PKR 7.4307 per unit and will reflect in consumer bills for the month of January 2023. FCAs are approved by the regulator, NEPRA, after review who also specifies the month during which the charge is applied in consumer bills.

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. The FCA for November is a reduced charge primarily due to a decrease in international fuel prices. The price of power purchased from CPPA-G decreased by 37% compared with the month of September 2022. Similarly, for RLNG and Furnace Oil, the price decreased by 18% and 15% respectively.

For more information, contact:
Media and PR Department,
K-Electric
KE House, 39-B, Sunset Boulevard, Phase-II,
Defence Housing Authority, Karachi, Pakistan
Tel: +92-21-32637133, +92-21-38709132
Cell: +92-300-2281183, +92-346-8223641
Website: https://www.ke.com.pk

The post NEPRA Notifies Reduced FCA for November 2022 appeared first on Business News Pakistan.