Federal Government to increase electricity prices by Rs 4 per unit

Federal Government to increase electricity prices by Rs 4 per unit

*ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) hasbeen asked to increase electricity prices in the country by Rs4.05 perunit. *

The request to hike the power tariff has been submitted by the CentralPower Purchasing Agency (CPPA) with regard to fuel adjustment for the monthof April.

The plea will be taken up by NEPRA on May 31 and according to sources, itwill overburden masses by Rs59.45 billion. They said that after theapproval the power tariff for all power distribution companies exceptK-Electric will be hiked.

In early May, the National Electric Power Regulatory Authority (NEPRA)okayed a power tariff hike for consumers of different distributioncompanies (DISCOs) and K-Electric.

The regulator notified that the power tariff for K-Electric consumers wasincreased up to Rs1.38 per unit in terms of fuel price adjustment inFebruary 2022. The sole power distribution of Karachi had sought a hike ofRs3.45 per unit from the regulator.

The recent hike will put a financial burden worth Rs1.58 billion on theK-Electric consumers.