Sunday, June 16, 2024

Govt increases power tariff by Rs2.51 per unit

Govt increases power tariff by Rs2.51 per unit
October 27, 2021 Web Desk

ISLAMABAD (92 News) – The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity Rs2.51 per unit for one month under the head of the fuel price adjustment.

The increase will not be applicable to the Lifeline and K-Electric consumers. According to the NEPRA, the detailed judgment and the notification will be issued later on.

According to a report, the Central Power Purchasing Agency (CPPA) had requested to increase the price of electricity by Rs2.66 per unit. The NEPRA approved the increase after a hearing.

NEPRA Vice-Chairman Rafique Sheikh said that the power tariffs increase with the increase in the fuel prices. "If cheap electricity is added to the system, the expensive electricity will come to an end," he added.