NEPRA greenlights tariff hike for KE consumers

Business Dec, 29 2023
NEPRA greenlights tariff hike for KE consumers
  • 492
  • 0

KARACHI: On the request of the caretaker government, the National Electric Power Regulatory Authority (NEPRA) on Friday approved the tariff hike to maintain the uniform electricity tariff across the country.

According to the issued notification, the power regulatory authority approved the surge of Rs1.72 per unit for K-Electric (KE) consumers on account of third-quarterly adjustment charges for the previous financial year.

The notification stated that a rise of Rs 1.25 per unit was approved under the adjustment period from January to March 2023, along with Rs 0.47 per unit sanctioned for the adjustment period from October to December 2022.

The national power regulatory, NEPRA, sent the official notification of the electric tariff hike to the federal government, meanwhile, electricity consumers in Karachi have to pay additional charges from January to March 2024 bills.

NC Big Stories

'Pakistan Armed Forces giving befitting response to India’s shameful attack'

3 PAKISTANIS MARTYRED, 12 INJURED: ISPR MUZAFFARABAD: Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry today said three Pakistanis were martyred and 12 were injured in “cowardly” missile strikes by Indi...

Wahaj Ali, Ahmed Jehanzeb & 'Kabli Pulao' Shine at 23rd LUX Style Awards

Karachi, (May 5) The 23rd LUX Style Awards celebrated Pakistan’s top talent across fashion, film, music, and television. Ahmed Jehanzeb’s Tera Mera Hai Pyar emerged as the most streamed song and earned him Singer of the Year, while Wahaj...

UAE to work closely with Pakistan for maintaining regional peace

ISLAMABAD: Ambassador of UAE Hamad Obaid Ibrahim Salem Al-Zaabi, called on the Prime Minister Muhammad Shehbaz Sharif at the Prime Minister House yesterday. During the meeting, the Prime Minister conveyed his warm wishes to His Highness Sheikh Moham...

Army top brass warns of ‘sure, decisive’ response, if India attempts to impose war

RAWALPINDI: The army’s top brass yesterday warned India of a “sure and decisive” response should it attempt to impose war, as relations deteriorated between Islamabad and New Delhi amid rising tensions after last week’s attack...

More like this
Related

ADB projects Pakistan's GDP growth at 2.5%, inflation at 6%

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan's GDP growth to remain steady at 2.5% in the fiscal year 2025 (FY2025), with a slight increase to 3% in FY2026. The growth is supported by the implementation of a reform program that...

Pakistan, Turkiye sign joint bidding agreement for offshore oil exploration

ISLAMABAD: In a significant step towards enhancing bilateral cooperation in the oil and gas sector, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in an offshore bid round in Pakistan. The agreement was signed on th...

Alvarez & Marsal delegation calls on FinMin Aurangzeb

ISLAMABAD: In a significant move towards enhancing Pakistan's economic future, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, hosted a high-level delegation from global professional services firm Alvarez & Marsal at the Fin...

Rupee falls further against USD

KARACHI: The Pakistani rupee experienced a slight depreciation of 0.06% against the US dollar in the inter-bank market on Tuesday, closing at 280.73, down by Re0.16 from the previous session's closing of 280.57. Internationally, the US dollar struggl...
Need Help? Chat with us