K-Electric seeks Rs 5.27 per unit increase in FCA for March

Islamabad

ISLAMABAD:K-Electric has sought Rs 5.27 per unit hike in power tariff under monthly fuel charge adjustment (FCA) for March.

In a petition filed to National Electric Power Regulatory Authority (NEPRA), the K-Electric maintained that prices of furnace oil and RLNG witnessed 10-40 per cent respectively increase at the international market.

Around 9 per cent increase was also witnessed in electricity charges purchased from the Central Power Purchasing Agency (CPPA-G), it further said.

The regulator would hold public hearing into the petition on April 27 and after approval the fuel cost adjustment would be passed on the consumers.

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