Nepra hikes power tariff by 18.57 paisas per unit
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Nepra hikes power tariff by 18.57 paisas per unit
ISLAMABAD (Dunya News) - The National Electric Power Regulatory Authority (Nepra) on Friday approved an increase of 18.57 paisas per unit in electricity prices.
The Central Power Purchasing Agency (CPPA) had sought 19 paisas per unit hike on account of the fuel adjustment for November 2022. The price hike will not apply to lifeline consumers, the Nepra said in its order.
Meanwhile, the regulatory body has decreased power tariff for consumers in Karachi by Rs7.43 per unit. The K-Electric had sought Rs7.04 per unit cut in the electricity prices. The decision would provide a relief of Rs10.61 billion to the power consumers.
Earlier this month, the Nepra slashed the power tariff by Rs2.45 per unit for the Karachi Electric (KE) consumers on account of fuel cost adjustment (FCA) for October.
According to the notification issued by Nepra, K Electric requested to reduce power tariff by Rs1.88 per unit upon this the authority slashed the tariff price and new prices would be implemented for 1 month only. The updated rates shall not be implemented on the domestic consumers consuming 300 units, it added.
