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Govt approves Rs7.91 per unit power tariff hike

Electricity shortfall hits record 7,700 MW

by Arshad Khan
June 9, 2022
in Economy
1
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People in several parts of the country are complaining about prolonged power outages.

ISLAMABAD: Load shedding continues to irk people as the electricity shortfall in Pakistan has reached record level of 7,700 megawatts.

Despite an announcement from the government to bring down loadshedding to three and a half hours, people in several parts of the country are complaining about prolonged power outages.

According to the power division, the demand for electricity peaked at 29,400 MW against the available supply of 21,700 MW, bringing the shortfall to 7,700 MW.

More From FactFile: Govt unveils Economic Survey 2021-22

 A private news channel reported that the demand for electricity will reach to 30,000 MW in the month of July.

It may be noted that on Wednesday, the National Electric Power Regulatory Authority (NEPRA) fixed the electricity tariff at Rs24.82 per unit for the fiscal year of 2022-23 after a massive hike of Rs7.91 per unit.

With the new hike, the one-unit price of electrifying has gone up from Rs16.91 to Rs24.82.

The depreciation of the rupee and rising oil prices in the international market have been cited as reasons for the electricity tariff hike.

Tags: National Electric Power Regulatory AuthorityNEPRAPakistanPakistan Economy
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