Power Division projects Rs2.56 per unit increase in Nov bills, says bigger hike averted due to load management

ISLAMABAD: The Power Division on Thursday projected a Rs2.56 per unit increase in November bills for electricity consumers on account of fuel cost adjustment (FCA) for September, citing the use of expensive fuel for electricity generation. The increase is expected to bring in around Rs33bn for the Power Division, which said in a statement that the additional FCA could have been significantly higher, by around Rs3.44 per unit, but targeted load shedding helped contain the increase. “The Ministry of Energy (Power Division) has averted a potential Rs5-6 per unit hike in the September fuel price…