K-Electric to hike power tariff by Rs1.07

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Karachi: Nepra has allowed the K-Electric to raise power charges by Rs1.07 per unit under the monthly fuel adjustment charges, it emerged Tuesday. According to media reports, the electricity rate will be hiked by Rs1.07 under the fuel adjustment in the month of October, According to the notification issued by Nepra. The payment for the monthly fuel price adjustment charges will be taken in the January bills. The power consumers of Karachi have to bear a loss of Rs1.91 billion by this decision. The Nepra heard the October fuel price adjustment petition on Nov 30. Online