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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Monday approved a Rs5.94 per unit increase in the prices of electricity, however the rise in price will not apply to Karachi Electric’s (KE) and on lifeline consumers.
According to the Authority, the rise in prices has been made in the head of fuel adjustment of the month of January. The NEPRA officials said that in the international market the prices of coal and LNG were increased that is why a hike in electricity prices is inevitable. The latest increase in prices will put an extra burden of Rs50 billion on the electricity consumers.
Earlier this month, NEPRA, in a public hearing notice regarding fuel charges adjustment for the month of January 2022 for DISCOs, has invited all the interested parties to raise written as well as oral objections as permissible under the law at the public hearing.
It is pertinent to mention that the government has recently increased the petrol price by Rs12.03 per litre and high speed diesel (HSD) price by Rs9.53 per litre for the second half of on-going February 2022.
