Categories: Latest News

NEPRA okays Rs3.28 per unit hike in electricity tariff for six months

The revised rate will be applicable on all customers.

The National Electric Power Regulatory Authority (Nepra) has given permission to the state-run power distribution companies (Discos) and K-Electric to increase electricity rates by Rs3.28 per unit for the next six months, starting from October 2023 to March 2024.

The revised rate will be applicable on all customers.

As reported, the consumers will be charged an extra Rs3.28 per unit on account of the fourth quarterly adjustments for FY23 (April-June 2023).

The latest increment has been made due to the variation in capacity charges, Variable O&M, additional recovery on incremental sales, Use of System Charges, Market Operator Fee, and fuel charge adjustment (FCA) impact on transmission and distribution (T&D) losses.

After the new increase, all Discos and K-Electric will collect nearly Rs183 billion (including GST) from power in these six months.

Excluding GST, the Discos collection stands at Rs135.58 billion and the K-Electric will charge up to Rs20 billion.

Saman Siddiqui

Recent Posts

  • Sports News

New Zealand coach is proud of his inexperienced team’s T20 fightback in Pakistan

New Zealand coach Gary Stead said that he was proud of his inexperienced team as…

6 hours ago
  • Latest News

IHC slams social media campaign against Justice Babar Sattar

The Islamabad High Court (IHC) on Sunday slammed the social media campaign against Justice Babar…

6 hours ago
  • Entertainment News

Queen of Tears concludes as the most buzz-worthy K-Drama

Queen of Tears concluded as the most buzz-worthy Korean Drama on Sunday. Directed by Jang…

8 hours ago
  • Latest News

Elon Musk is in China on an unannounced visit as Tesla seeks self-driving technology rollout

Elon Musk is in China on an unannounced visit as his company Tesla seeks self-driving…

8 hours ago
  • Celebrity News

Here is when Arijit Singh spotted Mahira Khan in his Dubai Concert

Mahira Khan attended Bollywood singer Arijit Singh’s musical concert in Dubai last night. And it…

9 hours ago
  • Celebrity News

Abdul Qavi, the controversial Mufti, raises eyebrows with his new interview

Abdul Qavi, the controversial Mufti, has yet again raised eyebrows with his new interview. Mufti…

10 hours ago