Business
Nepra approves Rs9.66 hike in power tariff
The increase in power tariff was made under the fuel adjustment charges for the month of May
Karachi: The National Electric Power Regulatory Authority (NEPRA) has approved Rs9.66 per unit hike in the rate of K-Electric power.
According to details, the increase in power tariff was made under the fuel adjustment charges for the month of May.
A detailed decision in this regard will be announced later by NEPRA.
According to the K-Electric authorities, the power company has yet to retrieve Rs380 billion in receivables.
The Nepra chairman offered assistance to the K-Electric if it needed to buy cheap electricity. He said that the regulatory body was ready to talk with the federal and provincial governments on behalf of the K-Electric for the provision of cheap electricity.