Electricity prices may rise by Rs1.64 per unit

Electricity prices in Pakistan are likely to increase by Rs1.64 per unit for a month as Nepra begins hearings on a request filed by the Central Power Purchasing Agency (CPPA). 

The National Electric Power Regulatory Authority (Nepra) has initiated hearings on a petition submitted by the CPPA. The request seeks a temporary increase of Rs1.64 per unit in electricity prices, which could further impact consumers across the country. 

After completing the hearing, NEPRA reserved the decision, which will be issued later. CPPA had submitted a request for monthly adjustment for February. CPPA had filed a request with NEPRA for an increase of Rs. 1.64 per unit. According to government policy guidelines, it will also be applicable to electricity consumers. 

Industrial consumers strongly opposed the move, stating that the sector is already bearing not only its own costs but also additional financial burdens. They urged authorities to minimize the impact of electricity price hikes on industry to protect economic activity. 

According to industrial representatives, the sector has already paid Rs590 billion in fuel cost adjustments (FCA) over the past two months. They warned that continued increases could further strain businesses and reduce competitiveness.