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Friday, November 15, 2024

Home Business Electricity prices may increase by Rs5.45 per Unit in Karachi

Electricity prices may increase by Rs5.45 per Unit in Karachi

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KARACHI – The electricity prices are likely to be increased by Rs5.45 per unit in Karachi.

K-Electric submitted a request for a fuel price adjustment, seeking the increase for the months of May and June under the monthly Fuel Cost Adjustment (FCA).

The National Electric Power Regulatory Authority (NEPRA) is set to hold a hearing on K-Electric’s request on Tuesday (today). The authority would make a final decision regarding the proposed price hike after the hearing.

According to the request, K-Electric is seeking an increase of Rs2.53 per unit for May and an additional Rs2.92 per unit for June under the FCA.