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Another shock to public as Nepra approves hike in electricity surcharge

06:09 PM | 16 Mar, 2023
Another shock to public as Nepra approves hike in electricity surcharge
Source: File Photo

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) on Thursday approved an increase Rs3.23 per unit in wake of surcharge on the electricity bills as the government scrambles to secured IMF bailout package.

Nepra Chairman Tausif H Farroqi heard the request sent by the government for increase in surcharge rate. The government sought surge in surcharge to meet expenses. The decision would put an additional burden of Rs335 billion on power consumers.

Nepra said authority had no option but to accept government’s request. At one point, Tauseef Farooqi remarked public should be provided a sigh of relief.

Nepra’s Member from Sindh Rafique Sheikh came hard on the authorities of the power division, saying the circular debt was increase speedily and increase the surcharge would not help in bringing it down.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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