ISLAMABAD: NEPRA Tuesday allowed the K-Electric to raise power charges by Rs1.07 per unit under the monthly fuel adjustment charges.

According to a NEPRA notification, in the month of October, the electricity rate will be hiked by Rs1.07 under the fuel adjustment. The payment for the monthly fuel price adjustment charges will be taken in the January bills. The power consumers of Karachi have to bear a loss of Rs1.91 billion by this decision. The NEPRA heard the October fuel price adjustment petition on Nov 30.

K-electric has also announced to raise electricity prices by Rs1.7 per unit following the fuel adjustment prices for the month of October 2021. It is pertinent to mention here that the announcement has been made pertaining the fuel adjustment prices for the month of October 2021. Following the announcement, the customers will have to bear the extra expenses of more than one billion while the life-line user will be exempted its implementation.