High increase in electricity unit rates, notification issued

KARACHI (News reporter) The government has raised prices of electricity by up to Rs 2.89 per unit for Karachi citizens. According to the details, K Electric’s tariff was increased by the government and a notification was issued in this regard. The notification claimed that the tariff had been raised to Rs 2 per unit from Rs 1.9. Electric tariffs would be the same as other power suppliers after the rise. The increase in the price of electricity will take effect on September 1 , 2020. According to the notification. The tariff increase for K Electric was authorized by NEPRA. After the meeting of the Economic Coordination Committee chaired by Finance Advisor Abdul Hafeez Sheikh, an increase in electricity tariffs for consumers of K Electric up to Rs 2.89 was approved.