Another power tariff hike on the cards

Another bad news for electricity consumers as proposal to increase power tariff by Rs 0.57 per unit has been tabled. The Central Power Purchasing Agency (CPPA) on Monday submitted an application regarding increase in power tariff in the National Electric Power Regulatory Authority (NEPRA).

The NEPRA will consider the matter in its meeting scheduled for May 28. It is pertinent to mention here that the proposed increase in power tariff is on account of fuel cost adjustment. Earlier, the CPPA had appealed for a hike in power tariff by Rs 1.23 per unit last month, but the NEPRA had approved Rs 0.81 hike, leading to the consumers having to bear an additional financial burden. The electricity regulating body had stated that after the rise in the power tariff, consumers would now be enduring an additional burden of Rs 5.2 billion.


Recent Posts

Trump says he will meet Putin at G20 summit next week

President Donald Trump said on Wednesday he will meet with Russian President Vladimir Putin at next week's G20 summit in…

37 mins ago

Nawaz’s bail plea rejected: IHC

The Islamabad High Court (IHC) on Thursday rejected a petition seeking suspension of the sentence of former prime minister Nawaz…

38 mins ago

New Zealand opens gun buyback after mosque killings

New Zealand opened a gun buyback scheme Thursday aimed at ridding the country of semi-automatic weapons similar to those used…

43 mins ago

Anti-riot police step back from Honduras protests, fueling demonstrations

Members of a Honduran riot police that have dealt with weeks of protests stood down in Tegucigalpa on Wednesday, allowing…

45 mins ago

US targets families for deportation to discourage migrants

US immigration authorities want to deport recently arrived families who are in the United States illegally to discourage the surging…

47 mins ago

Prime Minister Imran Khan doesn’t care for Pakistan’s socio-economic development.

It was quite shocking recently to see irony dying a thousand deaths as I read the sentence at the very…

53 mins ago