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Tariff hike sends industrial production cost soaring | The Express Tribune
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[ad_1] KARACHI: The exorbitant power tariff has increased the cost of industrial production by 25-30% in one go, causing anger among business community and triggering a new wave of inflation in the country. Talking to The Express Tribune, businessmen called the tariff hike counterproductive, which would render the industry, particularly the export industry, uncompetitive, dent…
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Power tariff hike of Rs2.07 per unit sought | The Express Tribune
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[ad_1] ISLAMABAD: Consumers are bracing for another hike of Rs2.07 per unit in electricity tariff on account of fuel charges adjustment for July 2023. On behalf of power distribution companies, the Central Power Purchasing Agency-Guarantee (CPPA-G) has requested for a price increase of Rs2.0703 per kilowatt-hour (kWh) over the reference fuel cost of Rs6.8935 per…
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DISCOs seek further tariff hike | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is going to hold a public hearing on August 23 of pleas filed by power distribution companies (DISCOs) to further hike power tariff. If the regulator approves this request, consumers will have to bear an additional burden of Rs144.68 billion. DISCOs are seeking an increase in…
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Fuel price hike adds to inflation woes | The Express Tribune
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[ad_1] ISLAMABAD: The country is witnessing a concerning surge in inflation, as indicated by the Sensitive Price Indicator (SPI), which has recorded a 1.30% increase in weekly inflation and a staggering annual surge of 29.83%. This inflationary trend comes shortly after the government raised petrol and diesel prices by nearly Rs20 per litre each, bringing…
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NEPRA’s nod sought for power hike | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has sought the nod of the National Electric Power Regulatory Authority (Nepra) to impose a surcharge of Rs1.52 per unit on the consumers of K-Electric, Karachi’s sole electricity supplier. The government wants to recover Rs24.5 billion from the consumers of K-Electric to be recovered in 12 months by imposing this…
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Another possible petroleum price hike looms over August | The Express Tribune
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[ad_1] KARACHI: Pakistan may witness another round of petroleum price hikes ranging from Rs12 to Rs22 per litre for the last 15 days of August, as global commodity prices continue to rally. Head of Research at Arif Habib Limited, Tahir Abbas, shared insights with The Express Tribune, suggesting that the government could announce a larger…
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NEPRA okays govt request for power tariff hike | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday approved the government’s request for increasing the basic electricity tariff by up to Rs7.5 per unit. According to a Nepra spokesperson, the notification of the decision had been sent to the federal government. The price hike has already been approved by the federal cabinet…
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Govt shocks nation with massive power tariff hike
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[ad_1] A technician fixes new electricity meters at a residential building in Karachi, Pakistan, in this undated photo. — AFP/File ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Saturday received the federal government’s nod for a massive hike of up to Rs7.50 per unit in the base tariff of electricity against the national average…
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Electricity tariff hike: How much will monthly bill be after increase?
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[ad_1] A person is holding their electricity bill in this illustration. — TheNews/File On the International Monetary Fund’s (IMF’s) demand, the National Electric Power Regulatory Authority (Nepra) has raised the power base tariff for FY24 by Rs4.96 per unit. If the government approves Nepra’s summary, the new base rates will apply slab-wise to the power…
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NEPRA okays Rs1.25 tariff hike | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase of Rs1.25 per unit on account of third quarter adjustments of the financial year 2022-23 for power distribution companies (Discos). The power regulator has burdened the consumers with Rs46.5 billion on account of variation in capacity charges, variable operation and maintenance costs,…
