The basic electricity tariff is likely to increase by Rs.5

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The basic electricity tariff is likely to increase by Rs.5
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The basic electricity tariff is likely to increase by Rs.5

The basic electricity tariff is likely to increase by Rs 5 for the next financial year.

Sources say that the Central Power Purchasing Agency (CPPA) has submitted an application to Nepra to determine the price of power purchase for the next financial year.

In the application, it was said that the estimate of electricity purchase price in the next fiscal year is up to 3 thousand 580 billion rupees. The electricity purchase price is estimated to be Rs 300 billion more than the current financial year.

Sources say that the estimate of electricity purchase for the current financial year was 3 thousand 280 billion rupees.

The final decision on the CPPA application will be taken by Nepra after the hearing on May 23.

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