According to a Private TV, the CPPA has approached National Electric Power Regulatory Authority (NEPRA) for power tariff increase reasoning that the tariff adjustment on account of increase in fuel prices and cost of power purchase.
The application sought an increase from the month June. The Power distribution companies said that the with the rising oil prices, it would be difficult to go ahead with the current tariffs; therefore the rates should be increased.
The Power distribution companies has also informed the NEPRA that they faced transmission and distribution losses by 4.24 Percent in the month of June out of totally sold electricity up to Rs. 55.95 billion. They said they also spent Rs. 46 billion on the consumption of fuel and oil in the month of June and the amount of purchase of electricity stood at Rs. 6.37 against Rs. 5.22 during the month of June.