KARACHI: The National Electric Power Regulatory Authority (NEPRA) approved Rs5.28 per unit increase in the power tariff for electricity consumers of K-Electric (KE).

The hike was approved on account of the Fuel Charges Adjustment (FCA) for the month of April. NEPRA held a hearing on the power utility’s request on Tuesday under the chair NEPRA chairman Tauseef H. Farooqi. The power regulator said the increase in power tariff will be received in the bills of June 2022.

K-Electric has submitted a request seeking another hike of Rs5.30 in tariff under fuel adjustment charges. The power utility requested an increase of Rs3.89 for January to March 2022, and rupee 5.30 for April.

On May 27, NEPRA notified an increase in power tariff for K-Electric by Rs4.83 per unit under fuel adjustment charges for the month of March against demand in the hike of Rs5.27 per unit.

READ MORE: NEPRA raises power tariff by Rs3.99 per unit

Meanwhile, NEPRA approved Rs3.99 per unit increase in power tariffs. The Central Power Purchasing Agency (CPPA-G) has requested the power regulator to increase prices by Rs4.05 per unit.

According to a notification, the increase was made under fuel adjustment charges (FAC) for the monthof April. The new power tariff will only be applicable for bills in June.

On May 31, NEPRA held a public hearing on the FCA. During the month of March, consumers were charged Rs2.86 per unit. The fuel adjustment charges for April are higher than the previous month by Rs1.13 per unit.

It is pertinent to mention that NEPRA has already fixed the power tariff at Rs24.82 per unit for the fiscal year 2022-23 after a massive hike of Rs7.91 per unit.

After the hike, the prices of electricity increased from Rs16.91 to Rs24.82 per unit.  The depreciation of the rupee and rising oil prices in the international market have been cited as reasons for the tariff hike.

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