Power division, industry seek fuel levy cut to ease power costs

• CPPA seeks Rs2.56 per unit additional fuel cost adjustment to recover Rs33bn • Industrial representatives insist fuel levies inflating generation costs ISLAMABAD: The manufacturing sector and the power division on Thursday unanimously called for the removal or reduction of the petroleum levy on furnace oil and diesel used for power generation, stressing that it was resulting in about Rs10 per unit additional impact to electricity costs. The demand emerged during a public hearing on the Rs2.56 per unit additional monthly fuel cost adjustment (FCA) sought by power companies to recover about…