Advertisement
Categories: News

Electricity Prices to Surge, Consumers May Face 49 Billion Rupee Burden

Advertisement

A setback for electricity consumers as distribution companies have requested a hike of 5.62 rupees per unit, adding a burden of 49 billion rupees on consumers nationwide.

NEPRA had previously increased electricity prices by 4.13 rupees per unit in the monthly adjustment for November, and now a hearing will determine whether further price hikes will be implemented.

According to government guidelines, the three-month adjustment will also apply to electricity consumers.

Advertisement
Muhammad Yasir

Muhammad Yasir is an online content editor and senior journalist with fifteen years of experience in the field. He specializes in business, telecommunications, finance, and technology sectors. Muhammad Yasir has fulfilled senior reporter duties for both National English and Urdu.

Recent Posts

Google Gemini Shifts Focus to Personalized AI Assistance

Gemini learns your world, not just the web. Google is moving its artificial intelligence strategy…

19 hours ago

Competition Appellate Tribunal Upholds Rs 200 Mn Fine in Banking Cartel Case

Pakistan’s Competition Appellate Tribunal has rejected appeals filed by major commercial banks and the Pakistan…

21 hours ago

Pak-Qatar General Takaful IPO’s Book Building Starts Today!

Pak-Qatar General Takaful Limited’s IPO’s book building process will start today and continue until January…

1 day ago

Gul Plaza Fire Sparks Heated Debate in NA Over Governance and Emergency Failures

The deadly fire at Karachi’s Gul Plaza dominated proceedings in the National Assembly on Tuesday,…

2 days ago

OGDC Announces Major Oil and Gas Discovery in KP’s Nashpa Block

Oil and Gas Development Company Limited (OGDC) on Tuesday announced a major oil and gas…

2 days ago

Pak-Qatar General Takaful IPO Registration in Full Swing!

Pak-Qatar General Takaful Limited (PQGTL), IPO’s registration is in full swing which started on January…

2 days ago