Electricity consumers across Pakistan, including Karachi, will see their bills go up by around Rs. 2 per unit in October due to a fuel cost adjustment, even though most of the country’s power is generated from cheaper local sources.
During a public hearing, Central Power Purchasing Agency (CPPA) CEO Rehan Akhtar explained that power generation costs in August rose slightly because hydropower production was lower than expected. Floods reduced water releases from major dams, forcing the use of more expensive fuels like imported coal and RLNG.
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He added that the Rs. 1.79 per unit relief given in September has now ended, which combined with the rise in fuel costs, will lead to an increase of Rs. 1.98 per unit in October bills.
The National Electric Power Regulatory Authority (NEPRA) reviewed this adjustment on CPPA’s request, which manages electricity purchases for distribution companies.
Despite these challenges, Akhtar noted that other factors such as global fuel prices and the overall energy mix stayed close to projections.
