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Federal govt cuts petrol price by Rs8, diesel by Rs7 per litre PM Shehbaz arrives in Türkiye to attend COP31 Leaders’ Summit Anthropic IPO targets up to $1.4 trillion valuation 8 parenting tips to raise smart and confident children Microsoft opposes US ban on Chinese AI data center components IHC orders PTI lawyers meetings with jailed Imran Khan, Bushra Bibi ICCI pledges jobs and training for persons with disabilities Sri Lanka reach 114-3 after Pakistan declare at 434 in Pindi Test Armed robbers target female medical students in Karachi Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed US consortium proposes $4.4 billion LNG project in Pakistan Federal govt cuts petrol price by Rs8, diesel by Rs7 per litre PM Shehbaz arrives in Türkiye to attend COP31 Leaders’ Summit Anthropic IPO targets up to $1.4 trillion valuation 8 parenting tips to raise smart and confident children Microsoft opposes US ban on Chinese AI data center components IHC orders PTI lawyers meetings with jailed Imran Khan, Bushra Bibi ICCI pledges jobs and training for persons with disabilities Sri Lanka reach 114-3 after Pakistan declare at 434 in Pindi Test Armed robbers target female medical students in Karachi Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed US consortium proposes $4.4 billion LNG project in Pakistan

NEPRA approves Rs1.75/unit increase for 4th quarter of FY24

NEPRA approves Rs1.75/unit increase for 4th quarter of FY24

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday approved a Rs1.75 per unit increase in power tariff for the 4th quarter of the fiscal year 2023-24 under a quarterly adjustment mechanism.

The regulatory sent the decision to the federal government, according to a press release issue here.

The quarterly adjustment would be recovered in the billing months of September, October, and November, it further said.

The 3rd quarter adjustment of 93 paise per unit was going to end in August, resultantly, the quarterly adjustment for September would be 82 paise per unit.

Similarly, the regulator also approved a 37 paise per unit decrease in power tariff under the monthly fuel cost adjustment mechanism for July.

The regulator had conducted a public hearing on August 28. The relief would be given in the billing month of September.

Earlier, the NEPRA recovered Rs 2.56 per unit increase in FCA for June. The consumer would receive a Rs 2.93 per unit reduction under the head of FCA for the billing month of September.

Moreover, the consumers would get relief of Rs 2.11 per unit in power tariff in the billing month of September by merging both the adjustments, it further said.

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