Nepra hikes electricity price by Rs3.07 per unit

07:16 PM | 5 Dec, 2023
Nepra hikes electricity price by Rs3.07 per unit
Source: File Photo

KARACHI – The National Electric Power Regulatory Authority (Nepra) on Tuesday approved Rs3.07 per unit increase in power tariff on account of fuel price adjustment.

The authority has made the adjustment for the month of October 2023. The revised prices will be applicable to all consumers except K-Electric and lifeline users.  

Nepra stated that 9.25 billion units were generated from furnace, while 3.11 billion units were produced from hydropower.

Last month, the regulatory body approved Rs1.52 per unit increase in electricity prices for K-Electric consumers. 

The authority approved the increase in wake of additional surcharge on a petition filed by the federal government. The additional amount will be applicable from November 2023 to December 2024.

The increase in tariff would put an additional burden of Rs24.5 billion on electricity consumers in Karachi region.


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91


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