In a recent development, the government has declared a surge in electricity tariff, coinciding with the festive period of Eid. This follows closely on the heels of a hike in petrol prices.
The National Electric Power Regulatory Authority (NEPRA) has confirmed an increase in the electricity tariff by Rs 2.75 per unit. This adjustment in electricity cost is slated for the second quarter of the ongoing fiscal year. The additional charges will be collected from consumers during the months of April, May, and June.
K-Electric consumers will also bear the brunt of this price escalation in electricity.
In another significant move, the government has announced an increase in petrol prices by Rs 9.66 per litre for the forthcoming fortnight. The revised petrol price now stands at Rs 289.41 per litre. The Finance Ministry attributes these changes to fluctuations in petrol and HSD prices in the global market.
This price adjustment aligns with the government’s policy of reflecting international market price variations in the domestic market.
