ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought a nominal 72 paise per unit negative fuel cost adjustment (FCA) to consumers across the country in January bills despite almost 86pc generation from cheaper domestic, predominantly zero-cost fuel sources.

Once approved, the power companies, including ex-Wapda distribution companies (Discos) and K-Electric, would refund through billing adjustment about Rs5.6 billion to consumers in January bills. The National Electric Power Regulatory Authority (Nepra) has called a public hearing on Dec 31 to examine the request for fuel cost adjustment.

The CPPA, which filed the petition for negative FCA for November consumption, said the power consumption was around 1.25pc........

© Dawn Business