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NEPRA will increase energy tariff by Rs7.91 per unit amid skyrocketing inflation

by Pakistan Latest News Update
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ISLAMABAD – Nationwide Electrical Energy Regulatory Authority on Thursday has accredited an enormous rise of Rs7.91 per unit within the fundamental energy tariff.

The event comes days after the newly put in authorities jacked up the petroleum costs by Rs30 per litre.

With the large enhance, a single unit of electrical energy has soared to Rs24.82 from Rs16.91. Nepra has despatched the rise in energy tariff to the federal authorities for notification. The brand new tariffs will likely be relevant after the ultimate nod from the central authorities.

Officers cited hovering oil costs within the worldwide market and depreciation of the rupee as key causes behind the rise in energy tariff.

Nepra maintained that it’ll decide the brand new tariff based mostly on the distribution and transmission losses and by way of income of various distribution corporations.

The event comes days after a rise in petroleum merchandise which was demanded by International Monetary Fund.

In the meantime, the inflation rose to a virtually two-and-a-half-year-high at 13.76 %.



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