Nepra makes industry consultation a must for ICP approval
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Thursday warned the Power Division that it would not accept any revised Incremental Consumption Package (ICP) unless the industry was taken on board. The warning came during a public hearing on the Fuel Charges Adjustment (FCA) for July 2026, presided over by Nepra Chairman Waseem Mukhtar, along with Members Maqsood Anwar Khan,…
The National Electric Power Regulatory Authority (Nepra) has warned the Power Division that it will not approve any revised Incremental Consumption Package (ICP) without involving the industry. This warning was given during a public hearing on the Fuel Charges Adjustment (FCA) for July 2026, chaired by Nepra Chairman Waseem Mukhtar.
The Central Power Purchasing Agency-Guaranteed (CPPA-G) had requested a positive FCA adjustment of Rs2.52 per unit in July to recover an additional Rs36 billion from consumers due to changes in fuel costs. However, after June's FCA of Rs0.75 per unit expired, the net additional impact would be Rs1.77 per unit, leading to a cumulative burden of around Rs25.665 billion.
Industry representatives strongly objected to the current FCA mechanism and demanded that adjustments be applied prospectively instead of retrospectively. They argued that industries were already suffering due to higher FCA and QTA increases, which, combined with the incremental package, could raise industrial electricity tariffs by more than 10 percent.
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