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Nepra approves imposition of Rs3.23 per unit permanent surcharge on electricity bills

08:35 PM | 31 Mar, 2023
Nepra approves imposition of Rs3.23 per unit permanent surcharge on electricity bills

KARACHI – The National Electric Power Regulatory Authority (Nepra) on Friday approved imposition of Rs3.23 per unit as permanent surcharge on electricity bills.

Reports said the regulatory body has announced the decision on a petition filed by the federal government. The move will put an additional burden of Rs335 billion on the electricity consumers.

The surcharge in the electricity price will be applicable to the domestic, industrial, commercial and agricultural consumers from the next financial year. It will also be applicable to the K-Electric customers.

The Nepra has also imposed a surcharge of Rs3.82 per unit on the electricity bill till June this year.

A day earlier, the authority hiked the electricity price by 50 paisas per unit while deciding a petition filed by the KE seeking adjustment for the month of February.

During the hearing, Nepra officials said that KE generated electricity at Rs48.55 per unit from its own resources, while the price of electricity received from the federal government was Rs 9.05 per unit in February.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
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 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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