President Arif Alvi on Thursday promulgated the National Electric Power Regulatory Authority (NEPRA) Act (Amendment) Ordinance 2021.
Tauseef Farooqi, Chairman NEPRA, heard a plea of KE to increase the price of electricity by Rs 1.71 per unit.
The approval came on a federal government request
Life consumers and K-Electric are excepted from the tariff hike
The government has asked the NEPRA to increase the power tariff by Rs1.95 per unit.
The solar-based IPPs that had signed memorandums of understanding (MoUs) in August 2020 had recently reached to an agreement with the government negotiation team for signing amended agreement