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Pakistan likely to hike electricity tariff by Rs4.75/unit

05:42 PM | 30 Nov, 2021
Pakistan likely to hike electricity tariff by Rs4.75/unit

ISLAMABAD – The Central Power Purchasing Agency (CPPA) has sought an increase of Rs4.75 per unit in the power tariff in the wake of fuel price adjustment.

CPPA has sent an application to the National Electric Power Regulatory Authority (NEPRA), which is likely to announce the decision today (Tuesday).

In October, 23.26% of electricity was produced from hydropower, 16.69% from coal, 10.88% from furnace oil and 0.51% from imported diesel, it said in its application.

It added that the cost of electricity generated from the furnace oil was Rs 22.21 per unit in the month.

If the application is approved, it would put an additional burden of Rs60 billion on electricity consumers.

Earlier this month, NEPRA increased the electricity tariff by Rs2.52 per unit on account of the fuel cost adjustment for September 2021.

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 19 May 2024

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 19 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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