The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs 0.85 price cut per unit in power tariff for K-Electric customers. The reduction has come in as fuel adjustment for the month of August.
The K-Electric chairman had forwarded a plea seeking cut in price to Nepra. A meeting chaired by Nepra Chairman Tariq Sadozzai took the decision. The authorities said the relief would be granted to the people in November billings.
The Karachi electricity company had saved at least Rs 1.31 billion in August. Chairman Sadozzai said the K-Electric drew at least 650 MW power from the national grid. He said the company’s agreement with Nepra had expired but power supply has not been cut yet which is illegal.
