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Thursday, May 16, 2024  
07 Dhul-Qadah 1445  

Govt notifies Rs1.90 per unit increase in electricity price

The increase has been made as fuel price adjustment
Stock image.
Stock image.

The government has increased the per unit price of electricity by Rs1.90.

The latest increase comes as fuel price adjustment for the month of May. THe prices will be effective from the billing month of July.

The Central Power Purchasing Agency had recommended an increase of Rs2.05 per unit. The National electric Power Regulatory Authority had conducted proceedings to fix the adjustment charges on July 5.

The price increase will apply to everyone except life line consumers and electric vehicle charging stations. It will also not apply to K-Electric consumers.

The government recently hiked the base tariff for electricity by a massive Rs4.96 taking the per unit cost to Rs30.

Sources said that the increase was made on the demand of the International Monetary Fund.