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Time of India
02-08-2025
- Business
- Time of India
Relief for 65L consumers: Power bill reduced as fuel surcharge falls
Raipur: Electricity consumers in Chhattisgarh will see a reduction in their power bills this month, as the fuel and power purchase adjustment surcharge (FPPAS) has been lowered for the second consecutive month. Consumers will receive a 1.44% discount on the energy charge portion of their June bill. This means they will pay less in their Aug bill for the electricity consumed in July. As per a notification from the Union Ministry of Power, the Variable Cost Adjustment (VCA) charge has been replaced by FPPAS. While the VCA was calculated every two months, the new FPPAS is now determined monthly by the power company based on its purchase costs, said a state power company spokesperson. The Chhattisgarh State Power Distribution Company's power purchase costs decreased last month. The FPPAS for electricity consumed in June will therefore be 1.44 per cent lower, and this discount will be reflected in the July bill, which is payable in Aug. According to Distribution Company Managing Director Bhim Singh Kanwar, the discount will be automatically calculated and applied to the bill. This is the second month in a row that the surcharge was reduced. Last month, the surcharge was lowered by 0.12%. Kanwar attributed the reduction to better management by the power company and improved production from its plants. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
02-08-2025
- Business
- Time of India
Chhattisgarh power bills to drop again; FPPAS reduced for second consecutive month
RAIPUR: Electricity consumers in Chhattisgarh will see a reduction in their power bills this month, as the fuel and power purchase adjustment surcharge (FPPAS) has been lowered for the second consecutive month. Consumers will receive a 1.44% discount on the energy charge portion of their June bill. This means they will pay less in their August bill for the electricity consumed in July. As per a notification from the Union Ministry of Power, the Variable Cost Adjustment (VCA) charge has been replaced by FPPAS. While the VCA was calculated every two months, the new FPPAS is now determined monthly by the power company based on its purchase costs, said state power company spokesperson. The Chhattisgarh State Power Distribution Company's power purchase costs decreased last month. The FPPAS for electricity consumed in June will therefore be 1.44 per cent lower, and this discount will be reflected in the July bill, which is payable in August. According to Distribution Company Managing Director Bhim Singh Kanwar, the discount will be automatically calculated and applied to the bill. This is the second month in a row that the surcharge has been reduced. Last month, the surcharge was lowered by 0.12%. Kanwar attributed the reduction to better management by the power company and improved production from its plants. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Shafaq News
27-02-2025
- Business
- Shafaq News
Iraq fuel e-payments exceed $566 million in January
Shafaq News/ Iraqi fuel sales through the electronic payment system skyrocketed in January 2025, with revenues exceeding 742 billion dinars (about $566 million), the Iraqi Oil Products Distribution Company announced on Thursday. Company Director Hussein Talib Aboud reaffirmed the company's commitment to automating operations in line with the government's digitalization strategy. He highlighted the success of the e-payment system, launched in April 2023, positioning the company as the first government entity to implement the initiative. 'The project is being rolled out in two phases: the first ensures full fuel supply to all sectors, while the second focuses on consumer access through distribution outlets. The complete transition to digital payments is expected by June,' Aboud said. He noted that the e-payment system now covers government and private fuel stations, gas and white oil vendors, generators, agricultural machinery, gas depots, fuel ration cards, bakeries, laundries, and collection services, including the private sector. On March 22, 2024, the Distribution Company began supplying vehicles with "super" and "enhanced" fuel exclusively through POS-based e-payment across all provinces.
