ISLAMABAD, Feb 02 (NNI): Electricity prices likely to decrease by approximately Rs2 per unit for consumers across Pakistan, including Karachi.
The National Electric Power Regulatory Authority (NEPRA) has been approached by distribution companies to reduce electricity prices.
The price reduction is expected to be implemented as part of the quarterly adjustment for October to December 2024. NEPRA has received a request seeking a reduction of Rs52.12 billion in electricity prices for consumers, which is part of the second quarterly adjustment for the current fiscal year.
A hearing on the request is scheduled to take place on February 12. The request includes a reduction of Rs50.66 billion in capacity charges, Rs2.66 billion in transmission and distribution losses, and Rs2.69 billion in operation and maintenance costs.
If approved, the price reduction will provide relief to electricity consumers across the country. NNI
