NEPRA Approves Price Hike In Power Tariff

On Wednesday, the National Electric Power Regulatory Authority (Nepra) approved a hike of Rs 0.64 per unit in electricity price.

According to the details, the National Electric Power Regulatory Authority (NEPRA) has issued a notification to increase the price of electricity. According to the notification, electricity has been increased in terms of fuel adjustment in February.

The Central Power Purchasing Agency (CPPA) had requested Nepra for an increase of Rs 0.6573 per unit. The authority held a public hearing on March 30, 2021, and approved increases in power tariff.

The fuel price adjustment will be applicable only on the bills for the month of April, and according to the notification, the fuel price adjustment will be applicable to all consumers except Lifeline and K-Electric (KE).

Previously, the NEPRA had approved to increase the price of electricity by Rs0.95 per unit.