BusinessNEPRA Hikes Power Price by Rs7.90 Per Unit

NEPRA Hikes Power Price by Rs7.90 Per Unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday permitted another hike in power price by Rs7.90 per unit, ARY News reported.

Rendering to an announcement issued by the power regulatory authority, the increase made under fuel adjustment charges (FAC) for the month of May.

Subsequent demand from CPPAG for a hike of Rs7.96 per unit.

The power regulatory authority took the decision after conducting a hearing on the appeal of Central Power Purchasing Agency (CCPA) today.

The amount received in the bills of July.

It said and added that life consumers and K-Electric are released from the tariff hike.

It is relevant to mention here that the National Electric Power Regulatory Authority (NEPRA) has previously fixed the power tariff at Rs24.82 per unit for the fiscal year of 2022-23.

After an enormous hike of Rs7.91 per unit.

On June 24, the National Electric Power Regulatory Authority (NEPRA) approved a hike in electricity tariff for K-electric consumers by Rs5.27 per unit.

Rendering to a handout issued by Nepra, the K-Electric sought a surge in power tariff by Rs5.31 as fuel adjustment charges for April, however, the power authority approved an Rs5.25 hike.

Related Stories

Pakistan: Petrol price hiked by Rs 4.53

According to the notification, the petrol price hiked by Rs 4.53 per litre, after which the new price has...

Pakistan Inflation to hit high of 25% this fiscal year: ADB

Pakistan Inflation to hit high of 25% this fiscal year. Asian Development Bank has released the annual outlook report...

A record decline in lending from banks to the private sector

In the current financial year, there has been a record decline in the provision of credit from banks to...

Trending on DiariesPK