ISLAMABAD: Prime Minister Shehbaz Sharif has approved the massive hike power tariff by Rs7.91 in phases.
The federal government approved the Nepra recommendation to increase basic electricity tariff.
As per the plan, Rs3.50 per unit of electricity will be increased from first July and same will be added from first of August while 91 paisas per unit will be increased by first of October.
It is worth to mention here that it was the second increase in power tariff by the incumbent federal government. Earlier in May last, National Electric Power Regulatory Authority (NEPRA) approved an Rs7.91 increase per unit of electricity.
According to a notification issued by NEPRA, the government had increased the basic tariff per unit of electricity by Rs7.91. The per-unit price was increased from Rs16.91 to Rs24.82, which is a 47% hike in prices.
Most recently in June, the National Electric Power Regulatory Authority had approved Rs6.49 increase in the power tariff for the electricity consumers of K-Electric (KE).