Electricity prices likely to rise by Rs1.74 per unit

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ISLAMABAD: The price of electricity is likely to be increased by Rs1.74 per unit in next month’s bills due to the higher fuel cost adjustment, in light of an official demand for over Rs16 billion in additional recoveries from power consumers.

The National Electric Power Regulatory Authority (Nepra) held a public hearing on the Central Power Purchasing Agency’s (CPPA) request for an additional fuel cost recovery of Rs1.73 per unit from consumers for the June billing month.