The National Electric Power Regulatory Authority (Nepra) has granted approval to the federal government for a hike in electricity rates by Rs2.75 per unit for all consumers across Pakistan, effective for the months of April to June. This decision, encompassing an additional revenue impact exceeding Rs85 billion, was made under the quarterly tariff adjustment for the second quarter of the fiscal year 2023 (October to December).

According to documents released by Nepra on its official website, the approved increase will be applicable to all consumer categories nationwide, excluding lifeline consumers. This adjustment extends to consumers of both ex-Wapda distribution companies and K-Electric.

In a letter addressed to the federal government, Nepra has communicated its decision for necessary action and intimation, preceding the official notification process.

Nepra emphasized that this increment has been implemented “in the interest of consumers,” commencing from April onwards following the expiration of the previous applicable quarterly adjustments in March.

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

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