ISLAMABAD, Jul 26 (DNA): The National Electric Power Regulatory
Authority (Nepra) has increased the cost of electricity by Rs1.81 per
unit on account of the monthly fuel cost adjustment.
The Nepra will later issue a detailed decision and also a notification
in this regard.
The increase in the power price was approved on account of the fuel cost
adjustment for the month of June.
The latest hike in the electricity rate will help Nepra raise Rs24
billion from consumers. However, the increase in the electricity price
will not be applicable to the K-Electric consumers.
The Central Power Purchasing Agency (CPPA) had requested to increase the
electricity price by Rs1.88 per unit.
Nepra’s latest decision came on the heels of its green signal to
government’s request to increase the electricity tariff by massive over
seven rupees. The authority gave the go-ahead to the government on
Tuesday to hike the electricity tariff by Rs7.50 per unit.
It sent the decision to the federal government for notification.
However, the lifeline consumers will be exempted from the increase.
The federal government made a request to Nepra for an increase in the
basic electricity price.
The price hike has been proposed to be implemented from July 1.
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