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The Today's News

IHC declares Fuel Price Adjustment in electric bills invalid

ISLAMABAD: Islamabad High Court (IHC) Wednesday declared the recovery of fuel price adjustment (FPA) in the electricity bills invalid. Seven hundred petitioners including CNG sector, cement industry, steel mills had approached IHC against the recovery of fuel price adjustment in electricity bills, which Justice Shaukat Aziz Siddiqui after completing the hearing had reserved the judgment. The court announcing this decision today declared the fuel price adjustment recovery from the petitioners invalid. Te petitioners’ lawyer to media that millions of electricity consumers would be benefited by the declaration of the fuel price adjustment recovery invalid, as after this court order, the electricity distribution companies would have to reimburse the recoveries made against fuel price adjustment to their respective consumers.