FPA for November 2021:NEPRA Raises Electricity Rate By Rs. 4.30 per Unit
The NEPRA has imposed FPA for the month of November 2021 @ Rs. 4.30 per unit without taxes. It is pure rate the taxes will be applicable on the FPA rate. So it is sad news for the whole consumers of WAPDA. Although the GOVT has collected huge amount in respect of Oct,2021 with the rate of Rs. 4.74. Now Once again the Govt has induced FPA. It is not a good sign for the common man, because they already suffered with increasing price of all things.
So the FPA @ 4.30 after including taxes will be nearly Rs. 4.93 will be charged in the bill of January 2022. It will be a cause in increasing inflation rate. The all consumers of DISCO’s ( iescobill, mepcobill, pescobill, hescobill, sepcobill, qescobill, gepcobill, fescobill, tescobill)will pay the FPA in the electricity bills of January 2022.
Reasons Behind the FPA?
The adjustment of Rs4.3020 shall be applicable to all the consumer categories except lifeline (A life line consumer who consume 50 or less units for the continues 4 months) consumers of all the DISCOs, said NEPRA. The notification read that the adjustment shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in the month of November 2021 by the DISCOs.
DISCOs shall reflect the fuel charges adjustment in respect of November 2021 in the billing month of January 2022. NEPRA in its hearing observed that the Central Power Purchasing Authority (CPPA) has purchased energy of 36.692 GWh from Tavanir Iran in November 2021 at a cost of Rs483.4 million.
The authority also observed that CPPA has filed its request with the Authority for approval of extension of contract between CPPA and Tavanir Iran for import of Power up to 104 MW for the period from 01-01-2020 to 31-12-2021, which is under consideration of the Authority.
In view thereof, the cost of electricity purchased from Tavanir Iran is being allowed strictly on provisional basis, subject to its adjustment once the Authority decides the extension in the contract between CPPA and Tavanir Iran. The cost being allowed on provisional basis is to avoid piling up of the cost and one time burdening of the consumers in future.