NEPRA jacks up power prices for Karachi again

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Islamabad
The National Electric Power Regulatory Authority (Nepra) on Monday approved another increase in electricity for K-Electric customers by Rs9.66 per unit. The increase in electricity prices has been made in the context of May’s monthly fuel adjustment. According to K-Electric officials, the company has a financial burden of Rs380 billion. NEPRA is expected to issue a detailed decision after reviewing the data. Chairman NEPRA said that if the company was experiencing difficulties in providing cheap electricity then it may seek the electricity regulatory authority’s help.
“We are ready to talk to the federal and provincial governments for cheap electricity,” he added.