NEPRA raises power tariff by Rs1.49 per unit
The tariff increase will not be charged to lifeline and K-Electric consumers.
ISLAMABAD (Dunya News) – The National Electric Power Regulatory Authority (NEPRA) on Friday approved a summary for an increase in the per-unit price of electricity.
NEPRA approved an Rs1.49 per unit increase in the price of electricity, however, this will not be applicable on K-Electric.
The increase came after the cost of fuel went up while power consumers paid lower tariffs. The tariff revision would help recover the lost amount, the regulator said.
According to the notification, the tariff increase will not be charged to lifeline and K-Electric consumers.
The price increase will impact, residential, commercial, industrial and agricultural consumers.
The power tariff hike comes days after the Pakistan Tehreek-e-Insaf (PTI) government announces its first budget for fiscal year 2019-20 with an outlay of Rs7.02 trillion.
On protection of vulnerable segments of society, the government had announced a subsidy of 216 billion rupees will be earmarked for 75 percent consumers using less than 300 units of electricity.
The annual development plan also envisages upgradation of power transmission and distribution system in order to reduce line losses and check power theft.
For energy, the government had allocated Rs80 billion; out of which 55 billion rupees have been earmarked for Dasu Hydropower project, while Rs20 billion had been allocated for the land acquisition of Diamer Basha Dam and fifteen billion rupees for Mohmand Hydro power project.
