National Electric Power Regulatory Authority (NEPRA) on Thursday approved to hike power tariffs by Rs. 1.77 per unit on request of the Central Power Purchasing Agency (CPPA). The power tariffs have been raised for the month of September.
According to NEPRA, tariffs of power distributing companies have been revved up under monthly fuel adjustment as electricity to the tune of 8.11 billion units was sold out to these companies during September.
The electricity prices were raised due to soaring cost of furnace oil, the source added.
However, the recent hike is not applicable to Karachi Electric Supply Company (KESC) and lifeline users.
It should be pertinent to note here that the CPPA pleaded the NEPRA to hike tariffs by Rs. 1.80 per unit.
