Advertisement
Categories: BusinessNews

NEPRA Reviews CPPA’s Rs5/unit Tariff Hike Request

Advertisement

Power consumers may face another financial hit as the National Electric Power Regulatory Authority (NEPRA) is set to review a plea from the Central Power Purchasing Agency (CPPA) seeking a Rs5 per unit increase in the base tariff, sources informed Headline PK.

The proposed hike aims to impose an additional burden of over Rs310 billion on electricity consumers. NEPRA will make a decision on CPPA’s request tomorrow, which pertains to the base tariff for the fiscal year 2024-25.

CPPA has presented seven scenarios for power purchase prices, ranging from Rs25.03 to Rs27.11 per unit.

If approved, the overall burden of power purchase prices is expected to soar to Rs3.58 trillion, significantly straining electricity consumers.

Advertisement
News Desk

Recent Posts

Gutka Use Surges in Sindh Amid Crackdown Efforts

Illegal Gutka Trade Continues Despite Legal Crackdowns The illegal trade of gutka in Karachi is…

11 minutes ago

Fire Strikes USS Higgins Destroyer in Asia Deployment

U.S. officials confirm major fire broke out on USS Higgins earlier this week. Fire knocked…

53 minutes ago

Iran Prepares for Diplomacy Amid US Shift, Rejects Foreign Influence in Gulf

Iranian President Masoud Pezeshkian Signals Openness to Diplomacy if US Changes Stance In a recent…

1 hour ago

Pakistan Reduces Passport Processing Time to 14 Days in Cashless System Boost

Pakistan's government has announced a reduction in normal passport processing time from 21 days to…

1 hour ago

Pakistani Families Demand Govt Action for Kidnapped Crew by Somali Pirates

Pakistani Crew Abducted by Somali Pirates Appeal for Immediate Government Intervention Families of abducted Pakistani…

1 hour ago

AI Surge Raises PC Costs as Chip Shortage Intensifies

Artificial intelligence is revolutionizing consumer technology but its rise is also causing a shortage of…

2 hours ago