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Power companies seek fuel cost adjustment for August

Power companies seek Rs1.20 per unit fuel cost adjustment for AugustPower companies seek Rs1.20 per unit increase in fuel cost for consumers in August

Power companies are requesting a Rs1.20 per unit increase in fuel costs for consumers in August. This adjustment is driven by the nearly doubled price of Regasified Liquefied Natural Gas (RLNG), which raised costs to Rs35 per unit compared to Rs16 in June last year.

The potential rate hike matters as it could significantly impact household energy bills and regional economic stability.

Power companies seek fuel cost adjustment for August | Implica