Electricity bill will give 'shock' in Pakistan, Pak authority demands increase in K-electric tariff
Pakistan News: A Pakistan-based media outlet reported that the Ministry of Energy (Power Division) has applied to NEPRA to seek approval for the transfer of three Quarterly Tariff Adjustments (QTAs) related to the financial year 2022-23. These adjustments include charges ranging from Rs 4.45 per unit for the first quarter to Rs 0.4689 per unit for the second quarter and up to Rs 5.41 per unit for the fourth quarter.
Pakistan is struggling with the economic crisis. The people of Pakistan are unable to even collect bread for one time. Meanwhile, now the government is also giving them the brunt of a power crisis. The Government of Pakistan has officially petitioned the National Electric Power Regulatory Authority (NEPRA), to authorize the transfer of three quarterly adjustments earned during FY 2022-23 to K-Electric consumers in Pakistan. As a result, K-Electric consumers will be charged an additional Rs.10/unit in Pak currency.
The Pakistan-based media outlet reported that the Ministry of Energy (Power Division) has applied to Nepra seeking approval for the transfer of three Quarterly Tariff Adjustments (QTAs) pertaining to the financial year 2022-23.
These adjustments include a charge of Rs 4.45 per unit for the first quarter, Rs 0.4689 per unit for the second quarter, and Rs 5.41 per unit for the fourth quarter. As a result, K-Electric's consumers will have to bear a collective increase of Rs 10.32 per unit in their electricity bills in the coming months. These three separate adjustment recoveries are expected to be implemented from September to December 2023, reports The News International.
According to The News International, a public hearing is scheduled to be held on September 11 by the electricity regulator in connection with the government's plea. The government has filed this application under the provisions of Sections 7 and 31 of the NEPRA Act, 1997 as well as Rule 17 of the NEPRA Tariff (Standards and Procedure) Rules, 1998.
This decision has been taken by the government when protests are taking place across the country against the increased electricity bill and price rise of petroleum products. There was a strike on Saturday against the increased electricity bill and inflation in Pakistan.