Sources said that plans were being made to raise the price of power, which is a worrying sign because it could make things harder for people who are already struggling with inflation.
As of now, the Central Power Purchasing Agency (CPPA) has officially asked for this increase in the monthly fuel cost change starting in October 2023. On November 29, NEPRA is set to review the application.
Consumers could have to pay an extra Rs40 billion if the increase is allowed.
Read also: What is FCA? As of October, the Central Power Purchasing Agency wants it to cost Rs3.55.
The public is already having a hard time, and the upcoming rise in energy costs makes things even worse. People are worried about how this will affect households that are already struggling financially.