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Home Business & Stock

NEPRA increases electricity prices by Rs3.99 per unit

Our Correspondent by Our Correspondent
May 31, 2022
Reading Time: 1 min read
nepra

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved an increase of Rs3.99 per unit in the power tariff on account of fuel cost adjustment (FCA) for the month of April 2022.

According to the details, this decision will place an additional burden of Rs51 billion on the power consumers while the price hike will not apply to K-electric and lifeline users.

A hearing was held in NEPRA over the proposal to raise the price of power tarrif by Rs 4.5 per unit. The Central Power Purchasing Agency (CPPA), while applying for the April fuel price adjustment, stated that 12.55 billion units of electricity were generated last month.

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Read more: Macroeconomic stability top priority of PML-N govt: Miftah Ismail

Electricity shortfall has intensified in Pakistan as power crises has reached up to 7000 MW.

As per details, power generation in the country stands at 21,200 MW while the demand has been recorded at 28,200 MW.

Reportedly, all the major cities are facing power outages of 8 to 10 hours daily.

Tags: NEPRA
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