— AFP/FileISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Saturday received the federal government's nod for a massive hike of up to Rs7.50 per unit in the base tariff of electricity against the national average tariff determination of Rs4.96. Sources said that the federal cabinet gave the approval via circulation summary after which a request was submitted to the national power regulator. The hike is set to come into force from July 1 after formal notification by the Nepra following a public hearing. According to a Nepra statement, the revised national average tariff for the 2023-24 fiscal year has been determined at Rs29.78 per unit kWh, which is Rs.4.96 per unit higher than the previously determined national average tariff of Rs24.82. However, the applicable tariff would be much higher after including surcharges, taxes, duties and levies, besides monthly and quarterly adjustments.


Source:   The Nation
July 22, 2023 14:16 UTC