Tag: National Electric Power Regulatory Authority
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NEPRA wants fixed charges on electricity bills from July
The National Electric Power Regulatory Authority (NEPRA) has decided to impose a new electricity tariff by imposing monthly fixed charges for residential consumers from July 1, ARY News reported. NEPRA has proposed fixed charges of Rs200-1,000 a month in electricity bills, which the government has yet to approve. As per the proposal, domestic consumers using…
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PKR to USD: Pakistani rupee drops to Rs288.52 against US dollar
The Pakistani rupee continued its downward trend for the eighth consecutive session, experiencing a depreciation of 0.21 per cent against the US dollar on Tuesday. According to the State Bank of Pakistan (SBP), the rupee closed at Rs288.52, marking a decrease of Re0.6.
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Govt gives nod to massive power tariff hike to meet IMF demands
In a recent late-night development, the federal cabinet of Pakistan has given its approval for a significant increase in the electricity base tariff. This decision comes as part of the country’s efforts to meet the conditions set by the International Monetary Fund (IMF).
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Govt implements Rs4.96 per unit power tariff hike, aims to collect Rs3.28 trillion from consumers
The National Electric Power Regulatory Authority (Nepra) announced a significant increase of Rs4.96 per unit in the electricity base tariff for the fiscal year 2024, in response to a demand from the International Monetary Fund (IMF). This adjustment will result in the government collecting Rs3.281 trillion from power consumers across all distribution companies.