Government-run power distribution companies have sought 81 paisa per unit reduction in tariff on account of lower purchase cost of electricity and better energy mix as part of monthly fuel price adjustment.
In a tariff petition sent to the National Electric Power Regulatory Authority (Nepra), the Central Power Purchasing Agency (CPPA) reported that its average fuel cost in May had worked out to Rs7.56 per unit against approved reference cost of Rs8.37 per unit for the current fiscal year.
As a consequence, the CPPA requested, on behalf of the distribution companies, to pass on the impact of lower purchase cost in May to consumers through electricity bills of next month. Nepra has accepted the petition for hearing and is expected to take a decision on it tomorrow.