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Electricity tariff likely to go up by Rs2.07 per unit

MM News Staff by MM News Staff
August 22, 2023
Reading Time: 1 min read

ISLAMABAD: The power tariff is expected to go up as the Central Power Purchasing Agency (CPPA) has requested the National Electric Power Regulatory Authority (Nepra) to jack up the electricity rate by Rs2.07 paisa on account of fuel price adjustment.

If granted, the increase in power rate will be for a month on account of fuel price adjustment for electricity consumed in July. The Nepra will hear the plea on August 30.

The CPPA moved a petition before the Nepra, stating that 37.18 per cent of total power generation came from hydropower plants, 14.68 per cent from coal-fired plants, 07.61 per cent from natural gas and 14.29 per cent of total power was generated from nuclear plants.

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Read more: India imposes 40% export duty on onions to calm rising prices

The hike will put extra burden on the power consumers who area already facing inflated power rates.

Earlier in July, the National Electric Power Regulatory Authority (Nepra) notified a massive increase in the base tariffs of electricity by up to Rs7.50 per unit at the request of the federal government.

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