The National Electric Power Regulatory Authority (NEPRA) Friday approved up to Rs3.01 per unit hike for power tariff of Lahore Electric Supply Company (LESCO) and Quetta Electric Supply Company (QESCO).
The NEPRA said that the increase has been approved for the current financial year.
Power tariff for lifeline consumers has been raised by Rs1/unit, other categories of domestic consumers by 50 paisas to Rs3.01/unit, commercial consumers by Rs2/unit, industrial consumers by Rs2.60/unit and agricultural consumers by Rs1.50/unit.
The NEPRA argued that the increase has been approved in view of increasing power generation cost.
The LESCO and the QESCO will earn Rs 130 and Rs 52 billion respectively from the fresh hike.