Advertisement
Categories: BusinessNewsPakistan

NEPRA Raises Power Tariff by Rs 3.03/Unit for Karachi Consumers

Advertisement

Karachi’s electricity consumers will see a Rs3.0362 per unit increase in their December bills after the National Electric Power Regulatory Authority (Nepra) allowed K-Electric to impose a fuel charges adjustment (FCA) for July 2024.

The FCA, amounting to Rs6.105 billion, applies to all consumer categories except lifeline, prepaid, and electric vehicle charging stations.

Nepra’s decision followed a review of K-Electric’s July 2024 fuel costs, which rose sharply compared to March 2023. K-Electric’s power generation and purchases totaled Rs38.267 billion for July, up from Rs23.638 billion in March 2023, with a notable increase in electricity generation from 520GWh to 1,076GWh.

This post was last modified on October 27, 2024 11:33 am

Advertisement
News Desk

Recent Posts

Bank Alfalah and WWF-Pakistan Mark Pakistan’s Independence Day with Alfa Forest Mangrove Plantation Drive

To commemorate Pakistan's Independence Day, Bank Alfalah, one of Pakistan's leading commercial banks, partnered with…

3 days ago

foodpanda Collaborates with itel Pakistan to Enhance Rider Connectivity and Digital Access

In a shared commitment to digital inclusion and rider welfare, foodpanda has signed a Memorandum…

3 days ago

OICCI members invest US$23bn in Pakistan, outpacing decade-long net FDI

Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member…

4 days ago

Broadway Pizza adds 82nd outlet, eyes further growth

Broadway Pizza has opened its 82nd branch on the main road near Hadiabad Society, adjacent…

4 days ago

LUCKY INVESTMENTS ACHIEVES THE HIGHEST ASSET MANAGER RATING – AM1

Lucky Investments Limited ("Lucky Investments") has been awarded AM1, the highest Asset Manager Rating by…

4 days ago

Meezan Bank Accelerates Affordable Housing Finance, Surpasses PKR 3 Billion under Government’s Ghar Ho Tu Apna Programme

Karachi: Reinforcing its strategic focus on expanding affordable housing finance, particularly for salaried individuals, Meezan…

4 days ago