The federal government is gearing as much as impose a further burden of Rs 967 billion on electrical energy shoppers nationwide following negotiations with the IMF. Nepra sources revealed that six authorities electrical energy distribution firms have submitted purposes for worth hikes, set to be reviewed on April 2.
These petitions, focusing on income necessities for the fiscal 12 months 2024-25, come on the heels of CPPA’s current request for a Rs 4.99 per unit improve, submitted on March 19 and scheduled for Nepra’s listening to on March 28.
The looming electrical energy worth surge, amid a number of will increase throughout the caretaker authorities’s tenure, is a part of ongoing talks with the IMF. This transfer is predicted to exacerbate the challenges confronted by individuals grappling with poverty and inflation.
Keep tuned for updates on the evolving electrical energy pricing panorama.
