NEPRA approves Rs1.16 hike in electricity price

01:16 PM | 26 Sep, 2018
NEPRA approves Rs1.16 hike in electricity price
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ISLAMABAD - The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved Rs.1.16 per unit in power tariff under monthly fuel adjustment formula.

The Central Power Purchase Agency Guarantee Limited (CPPA-G) had sought Rs 1.50 increase in electricity prices under fuel adjustment for August but the NEPRA approved Rs1.16 hike.

The new price will be applicable to all power distribution companies except for K-Electric.

On Tuesday, the Economic Coordination Committee (ECC) had postponed an increase in the prince of the electricity till its next meeting.