Electricity is likely to become more expensive, an additional burden of 40 billion on consumers.

Electricity prices in Islamabad are poised for another increase, potentially adding a Rs 40 billion burden on consumers.

News reports suggest a projected hike of 3.53 rupees per unit for October 2023’s monthly fuel adjustment, subject to Nepra’s hearing today on CPPA’s request.

An arbitrary increase could result in an extra 40 billion rupees in expenses for electricity consumers, including GST. The World Bank has voiced opposition to further escalating electricity prices in Pakistan.