• Electricity has been made more expensive for Karachi
• NEPRA has issued notification to increase price of electricity.
• K-Electric consumers will have to pay extra in their July bills.

KARACHI: The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity for Karachi by Rs 1.44 per unit.

This increase has been made in the context of the monthly fuel adjustment for May and Electricity has been made more expensive for Karachi. NEPRA has issued a notification to increase the price of electricity.

K-Electric consumers will have to pay extra in their July bills, but the recent increase will not apply to K-Electric’s Lifeline customers.

Earlier, in the current month of March, the cost of electricity was increased for the people of Karachi.

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Earlier, International Monetary Fund (IMF) Director has said the Executive Board of the IMF approved three billion dollars for Pakistan, Bol News reported on Friday.

“1.2 billion dollars has been released immediately to Pakistan,” the IMF director said adding that the programme would support efforts to stabilise the economy.