NEPRA approves a Rs3.76/unit electricity rate increase for Q3 FY 2023-24, adding Rs46.61bn burden on consumers.
NEPRA has notified a Rs3.76 per unit electricity rate increase for the third quarter of FY 2023-24, adding a burden of Rs46.61 billion on consumers. This increase allows power companies to recover costs from consumers, with Rs28.515 billion charged as capacity fees to idle independent power plants (IPPs). NEPRA's decision to restrict installment payments for electricity bills may exacerbate the financial burden for consumers.
June 04, 2024
4 Articles