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Saturday, May 18, 2024

NEPRA comes up with another hike!

NEPRA announced this decision on account of fuel price adjustment for the month of July.

Once again, the National Electric Power Regulatory Authority (NEPRA) has surged electricity charges by Rs. 4.34 per unit for one month. NEPRA announced this decision on account of fuel price adjustment for the month of July. According to the authority, Central Power Purchasing Agency (CPPA) demanded for Rs. 4.70 per unit rise.

Read more: NEPRA approves relief to K-electric consumers for July bills

However, notification for the increase in electricity charges for one month by Rs.4.34 per unit shall be issued later.

Pakistan Tehreek-I-Insaf (PTI) also commented on this news by sharing it on Twitter and saying, “a big relief for the public in flood-like situations from imported government- electricity charges are increased by Rs 4.34 per unit, Nepra has approved.”

Electricity bills have already blown the minds of general public. Hefty amounts are being imposed on the consumers of electricity while withdrawing all the subsidies.

The International Monetary Fund (IMF) board has approved the seventh and eighth reviews of Pakistan’s bailout programme. However, the country has paid huge costs to revive the IMF loan programme.

The struggle does not end here as the government has agreed to more crushing conditions which are coming to the surface by every passing day. NEPRA’s approval to further increase electricity charges is also blamed to be one of the consequences of approaching the global lender.

Flash floods have added to the crisis which the country is going through. Apart from casualties, massive damage to the crops, livestock and infrastructure has been reported which is going to have serious consequences for the country.