The National Electric Power Regulatory Authority (NEPRA) has issued a decision to increase the power tariff once again. As per NEPRA’s decision, power tariff was increased by 50 paise per unit.
The approval was given by NEPRA for the third quarter of the financial year 2021-22. According to the decision, the increase will impose an additional burden of Rs12.76 billion on the electricity consumers, the increase will come into effect for three months from September 1.
The increase will not be applicable to the lifeline and K-Electric customers. NEPRA sent the decision to the federal government for its notification. It should be noted that Nepra had approved an increase of Rs9.79 per unit of electricity.
The increase in the power tariff increase was approved in terms of monthly adjustment of last financial year. In Nepra, CPPA held a hearing regarding the fuel adjustment for June, in which the increase was approved.—INP