Electricity prices likely to increase further in Pakistan
The power consumers should brace themselves for another electric shock as the Discos have filed an application in Nepra seeking Rs2 per unit hike in power rate.
If the National Electric Power Regulatory Authority allows Rs2/unit increase in the power rate, it will put an extra burden of Rs42.63 billion on the electricity users.
The hike has been sought in the first quarterly adjustment charges of the current year.
The increase will not be applied on the K-Electric users.
The regulatory authority will hear the petition filed by the electricity distribution companies on Nov 15.
Separately, another application has been filed in the Nepra seeking a 51 paisa raise in the electricity price of the K-Electric.
The application was submitted by the federal government.
The National Electric Power Regulatory Authority will hold hearing on the petition on Nov 8.