Categories: Business

Electricity prices set to surge by Rs3.53 per unit

F.P. Report

KARACHI: In a concerning development, sources disclosed preparation to increase electricity prices were underway, potentially burdening consumers already grappling with inflation.

The Central Power Purchasing Agency (CPPA) has formally requested this hike for the monthly fuel cost adjustment from October 2023, with NEPRA scheduled to review the application on November 29.

If approved, the increase could impose a substantial Rs40 billion burden on the consumers.

The looming surge in electricity costs adds to the challenges faced by the public, prompting concerns about its impact on household already strained by economic pressures.

Courtesy: (Dunya News)

The Frontier Post

Recent Posts

Sindh govt to bring more buses for entire province

F.P. Report KARACHI: The Sindh government has decided to bring in more buses for the…

13 hours ago

Gandapur gives Centre 15-day ultimatum

F.P. Report PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gundapur has threatened to take over…

13 hours ago

PHC CJ orders CS, IGP to appear before court

Humayun Khan PESHAWAR: Chief Justice Peshawar High Court (PHC) Justice Ishtiaq Ibrahim ordered Chief Secretary,…

13 hours ago

PIA flight to Toronto diverted to Karachi due to technical fault

F.P. Report KARACHI : Pakistan International Airlines flight from Islamabad to Toronto has been diverted…

13 hours ago

Didn’t stop govt from blocking SIMs of non-filers: IHC

F.P. Report ISLAMABAD: Chief Justice Aamer Farooq of the Islamabad High Court (IHC) on Friday…

13 hours ago

Pak Hockey team calls on COAS

F.P. Report RAWALPINDI: General Syed Asim Munir, NI (M), Chief of Army Staff (COAS), received…

13 hours ago

This website uses cookies.