Times of Islamabad

Prices of electricity witness significant increase across Pakistan

Prices of electricity witness significant increase across Pakistan

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) hasapproved the increase in the price of electricity by Rs1.6 per unit, itemerged on Wednesday.

The decision was taken during a meeting held by the authority to discussfuel price adjustment for the months of October and November, per sources.

In the case of fuel price adjustment for October, electricity prices willbe increased by Rs0.29 per unit. As for November’s fuel price adjustment,the increase in electricity price will be by Rs0.77 per unit.

The increase in the price of electricity will impose an additional burdenof Rs8.40 billion on consumers.

On December 14, NEPRA had approvedlinkper unit hike of Rs1.11 in the power tariff as fuel readjustment “onaccount of variations in the fuel charges for the month of September 2020.”

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