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Electricity costlier by Rs1.64 for KESC consumers

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) increased power tariff by Rs1.64 per unit for Karachi consumers on Wednesday. A hearing, headed by National Electric Power Regulatory Authority (NEPRA), Acting Chief Ghiasuddin approved the rise in per unit cost of electricity. The meeting was convened to address two petitions filed by Karachi Electric Supply Company (KESC). During the hearing KESC officials said that an additional fuel cost of Rs 1.44 billion was incurred for the production of 1.3 billion units of electricity during the month of April 2012, whereas additional fuel expense was incurred during the month of May 2012 for the generation of 1.49 billion units of electricity. Consumers using 50 units or less per month would be exempted from the price hike. The price increase would appear in electricity bills under fuel adjustment charges.