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Pakistan increases power tariffs by Rs2.75 per unit: Check Expected Bills for April 2024

09:14 AM | 2 Apr, 2024
Pakistan increases power tariffs by Rs2.75 per unit: Check Expected Bills for April 2024
Source: File Photo

KARACHI – The National Electric Power Regulatory Authority (Nepra) has increased the price of electricity again, adding woes for inflation-weary people who are paying record prices in the holy month.

After a hike in petrol prices, the government notified Rs2.75 per unit increase in the electricity rate for all consumers across Pakistan, including those living in Karachi.

The recent surge comes under the second quarterly tariff adjustment (QTA) mechanism and is aimed at easing mounting pressures on power companies.

The electricity rate surge will affect all users except those who consume less than 100 units per month.

The recent increase, amounting to Rs85.2 billion, will be effective for the next 3 months, starting from April 2024. The hike in tariffs is mainly due to increasing fuel prices and maintenance costs in the power industry.

To ease the impact on low-consumption households, lifeline customers will be exempt from the tariff hike. Earlier in Feb this year, NEPRA announced increasing electricity price by Rs7.5 per unit as part of the fuel price adjustment.

Expected Electricity Bills in April 2024

The power distribution companies have been allowed to recover Rs2.75 per unit from their consumers in the next three months.

The power companies will calculate electricity bills for April in line with the revised prices.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal - 21 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 21, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 21 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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