Electric jolt for Karachiites: Rs9.66 hike in power tariff

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Nepra gives a big electric jolt to the Karachiites on Monday as the regulatory authority has approved Rs9.66 per unit hike in the rate of K-Electric power.The increase was made under the head of fuel adjustment charges for the month of May. The National Electric Power Regulatory Authority 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.

 

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