Enough of the Relief. Lock down stricken citizen to get ready for shoot up in Electricity bills
The price of electricity is likely to increase by Rs 1.5 to Rs 2 per unit, which will impose an additional burden of more than Rs 162 billion on the people.
According to Dunya News, the federal government is thinking to impose more burden on the people trapped in inflation, unemployment and lockdown and has started considering increasing the price of electricity. The possibility of an increase of Rs 2 per unit is being shown. If this increase in electricity prices takes place, it will impose an additional burden of Rs 162 billion on the people trapped in the mill of inflation.
According to the document, ISCO wants to collect more than Rs 16 billion, LESCO Rs 28 billion, GAPCO Rs 13 billion, FESCO and MEPCO Rs 23 billion while Pesco wants to collect more than Rs 29 billion. HESCO Rs 10 billion, QESCO Rs 14 billion, SEPCO Rs 4 billion and TESCO has requested recovery of more than Rs 88 billion. NEPRA will hear the arrears applications on June 3, after which final approval will be given.
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