LAHORE: National Electric Power Regulatory Authority (NEPRA) on Monday approved Rs9.66 per unit hike in the K-Electric power tariff under fuel adjustment charges for the month of May.
The NEPRA would release its detailed decision after taking a thorough analysis of the statistics. According to the K-Electric authorities, the power company has yet to retrieve Rs380 billion in receivables.
The NEPRA chairman offered assistance to the K-Electric if it needed to buy cheap electricity. He said that the regulatory body was ready to talk with the federal and provincial governments on behalf of the K-Electric for the provision of cheap electricity.