Karachi faces possible another electricity price hike in three months

KARACHI: Karachi is bracing for the possibility of yet another increase in electricity prices within a short three-month span.

According to Jung Urdu, K-Electric has submitted a request for an additional rise of Rs3.02 per unit.

Reports indicate that the National Electric Power Regulatory Authority (NEPRA) has completed its hearing, and a petition to impose an extra financial burden of Rs8.37 billion 37 on consumers of Distribution Companies (DISCO) has been put forward.

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Meanwhile, the hearing for the petition is scheduled for November 1.

It’s worth noting that the residents of Karachi have already experienced a price hike of Rs3.28 per unit in the previous three-month period, spanning from April to June.