Amid surging inflation, power tariff likely to go up by Rs2.65 per unit

Islamabad: Government is all set to raise the electricity tariff amount to roughly Rs. 2.65/per unit from this month amid already increasing inflation. 

The increase in price of electricity will put an additional burden of billions of rupees on already suffering people.

The decision to increase power tariffs is being made in the context of monthly fuel adjustment.

Reports quoting sources said that, Central Power Purchasing Agency (CCPA) has submitted an application to National Electric Power Regulatory Authority (NEPRA) in this regard.

It is to be noted that NEPRA will take a decision after a hearing on October 27.

It is pertinent to mention here that, it is the third time in the past nine months that the Pakistan government has decided to increase the electricity prices. 

On October 15, the federal government approved an increase in the power tariff by Rs1.68 per unit, in a bid to remain in the International Monetary Fund (IMF) programme—reneging from a four-month-old stance to not further raise the rates. 

In February 2021, the government increased the electricity prices by Rs1.95 per unit on account of annual tariff adjustment.