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.
Pakistani rupee saw slight gains against US dollar in the open market on March 19, 2024, Tuesday.
In the open market, the US dollar was being quoted at 278.6 for buying and 281.45 for selling.
Euro remains unchanged at 303 for buying and 306 for selling while British Pound hovers around 356 for buying, and 359 for selling.
UAE Dirham AED saw slight changes and new rate stands at 75.7 whereas the Saudi Riyal new rates was 73.95.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.6 | 281.45 |
Euro | EUR | 303 | 306 |
UK Pound Sterling | GBP | 356 | 359 |
U.A.E Dirham | AED | 75.7 | 76.45 |
Saudi Riyal | SAR | 73.95 | 74.4 |
Australian Dollar | AUD | 182.7 | 184.5 |
Bahrain Dinar | BHD | 741.22 | 749.22 |
Canadian Dollar | CAD | 204 | 206.2 |
China Yuan | CNY | 38.73 | 39.13 |
Danish Krone | DKK | 40.69 | 41.09 |
Hong Kong Dollar | HKD | 35.63 | 35.98 |
Indian Rupee | INR | 3.36 | 3.47 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.77 | 912.77 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 169.5 | 171.5 |
Norwegians Krone | NOK | 26.27 | 26.57 |
Omani Riyal | OMR | 723.7 | 731.7 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206 | 208 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 315.26 | 317.76 |
Thai Bhat | THB | 7.76 | 7.91 |
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