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Govt plans to expand power tariff by Rs3.9 per unit

Mahnoor by Mahnoor
March 17, 2021
2 min read
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Govt plans to expand power tariff by Rs3.9 per unit

Govt plans to expand power tariff by Rs3.9 per unit

  • The public authority intends to build the force tax by Rs3.4-3.9 per unit for the buyers using 300 units every month.
  • The improvement goes under the head of FCA (Fuel Charges Adjustment).
  • The Power Division (PD) has sent a synopsis to Economic Coordination Committee (ECC) that is planned to meet today (Wednesday).

ISLAMABAD: The public authority intends to expand power tax by Rs3.4-3.9 per unit for the shoppers using 300 units per month and private horticulture customer, provided details regarding Wednesday.

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The improvement goes under the head of FCA (Fuel Charges Adjustment).

With this impact, the Power Division (PD) has sent a rundown to Economic Coordination Committee (ECC) that is booked to meet today (Wednesday).

It will look for endorsement of passing the net increment of Rs3.4-3.9 per unit in power levy with an effect of Rs17 billion for the time frame beginning from November 2019 to June 2020.

The PD contended that the raise is vital for making the IMF program operational.

Read More: Sunflower growers seek govt patronage to turn the tide

“The monetary weight adding up to Rs17 billion would be recuperated from the purchasers in the long periods of March and April 2021,” a senior authority conscious of the turn of events.

“This expansion will be notwithstanding FCA of January 2021 and the new increment of Rs1.95 per unit in the base levy.”

Fuel cost for power age is a pass-through thing, and fuel charges are given to customers on month to month premise under the law.

The public authority had restricted the increment in levy in view of the principal wave of Covid from November 2019 to June 2020.

In any case, the PTI government has chosen to pass the effect of Rs17 billion to those purchasers who are appreciating the appropriation, for example, the shoppers who burn-through 300 units every month and farming units.

Be that as it may, help buyers won’t be influenced. The monetary weight of Rs17 billion will be given to purchasers in the charging of March and April 2021.

Tags: NEPRApowerUnit
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Mahnoor

Mahnoor

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