Power distribution companies (DISCOs) have requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff for recovery of Rs. 47.99 billion from all categories of electricity consumers.
The request was first filed in the last quarter of the previous financial year and is set to be discussed by the power regulator today.
DISCOs seek to raise electricity prices one again to recover costs that are pending. They include Rs. 22.86 billion in capacity payments, Rs. 10.80 billion for transmission and distribution losses, Rs. 7.51 billion for system usage charges and marketing fees, and Rs. 4 billion for operations and maintenance.
NEPRA’s final decision on the application will determine whether the requested amount can be passed on to consumers. If approved, the increased charges will apply to all government-run DISCOs and K-Electric.
Stay Connected with ProPakistani
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
WoW !
Where are the businessmen now who said “No electricity is too costly than having no Electricity at all” in 90’s ????
Where are PDM tattays now? g?
The oil prices are stable (slightly negative YTD) The USD to PKR exchange rate is also stable. What exactly is causing the hike in prices? Incompetence, mismanagement or the inability to control Transmission losses and theft?
Power distribution companies are involved in electricity theft. All head of company’s must be removed and installed foreign nationals. This will resolve the problem. We can also get help from India.
itne ki to subsidy di thi punjab govt ne to keep the energy prices low. Matlab govt se bhi tax money lein aur public se directly overbilling kerein.
Neo liberalism at its best display.
Why the public has to give penny out of their pockets when the fault is entirely of the DISCOS? The taxes and rate per unit is sky-high already. If the public remains silent, then they are not less than a cow who just chews on grass.
Hang these DISCO ‘muft khoras’ publicly and stone them so that they know what they are talking about.
These Government institutions are totally **Corrupt Criminals with Neglible Intrests For The Public Of Pakistan. Their Mis-managment Incompetence and Corruption Had Destroyed Pakistan’s Social And Civic Human Rights and Mental Tortures to The Public Lives??**.