Business Recorder has reported that National Electric Power Regulatory Authority (Nepra) on Tuesday approved in principle a refund of Rs 3.6 billion to the consumers under monthly Fuel Cost Adjustment (FCA) mechanism, overcharged by Discos in May 2021, amid reports of massive load-shedding across the country due to fuel supply issues and gas shedding.
It further reported that the refund figure was finalized at a public hearing presided over by Chairman Nepra, Tauseef H Farooqi flanked with members of the Authority.
Central Power Purchasing Agency Guaranteed (CPPA-G), in its request had sought approval to refund Rs 1.5 billion at the rate of Paisa 12.5 per unit. However, Nepra’s team has calculated FCA refund at Rs 28.66 per unit on the basis of deductions made for violating economic merit order and using expensive fuels.
This benefit will not be provided to lifeline consumers, agriculture consumers and those domestic consumers who use up to 300 units in a month.
