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Nepra holds K-Electric, Discos responsible for overbilling

10:21 AM | 5 Dec, 2023
Nepra holds K-Electric, Discos responsible for overbilling
Source: File Photo

KARACHI – The National Electric Power Regulatory Authority (Nepra) took notice of the irregularities in the power sector that caused millions to electricity consumers.

The national power regulator raised fingers at power distribution companies including K-Electric over inflated bills during July and August 2023.

In its report, Nepra's overbilling of consumers was caused by to negligence of power companies. In the wake of irregularities, Nepra decided to initiate legal proceedings against distribution companies that are charging excessive bills and detection bills to consumers by adopting illegal and unlawful practices.

Nepra called it unfortunate that Discos are involved in malpractices to hide their inefficiencies while power consumers suffer with inflated bills.

The statement said billing cycles carried out by different power companies ranged from more than 30 days to 40 days and even more against the notified tariff terms and conditions in which the billing period means a billing month of 30 days or less.

The startling revelation comes as thousands received heft bills during months of July, 2023 & August, 2023.

The probe further revealed that in wake of the non-replacement of defective meters, a large number of consumers were charged on an average basis for more than two months.

Earlier this year, protests started in multiple cities against massive hike in electricity prices, adding to woes for the inflation-bitten people.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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