K-Electric power tariff hiked by Rs5.28 per unit

ISLAMABAD:The National Electric Power Regulatory Authority (NEPRA) Tuesday raised the power tariff for K-Electric users by Rs5.28 per unit.

The increase was made on account of fuel charges adjustment (FCA) for April 2022. The decision will place an additional burden of billions of rupees on the power consumers. A day earlier, the regulatory authority on Monday also notified an increase of Rs3.99 per unit in the power tariff on account of fuel cost adjustment for the month of April 2022.

Yesterday, NEPRA also notified an increase of Rs3.99 per unit in the power tariff on account of fuel cost adjustment for the month of April 2022. This decision will place an additional burden of billions on the power consumers while the price hike will not apply to K-electric and lifeline users.

Furthermore, amid the International Monetary Fund’s (IMF) disapproval of the new budget, the Economic Coordination Committee (ECC) of the cabinet on Monday approved another increase of Rs7.91 per unit in the electricity prices to recover additional Rs891 billion from consumers. Earlier, the government approved the withdrawal of Rs5 per unit electricity subsidy with effect from June that former prime minister Imran Khan had given in February.

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