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[ad_1] ISLAMABAD: Amidst the ever-increasing inflation and soaring power and gas rates, the government has decided to impose an additional burden on the masses by levying an extra Rs15 as a radio fee on their monthly electricity bills. The revelation came to light during a meeting of the Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla at the Parliament House on Thursday. Officials from the Ministry of Finance disclosed that the federal government aims to address the financial crisis faced by Radio Pakistan by imposing supplementary charges on electricity consumers. According to the finance ministry officials, consumers will be charged Rs35 as a TV fee and an additional Rs15 as a radio fee. The revenue collected from users will be utilized to pay the salaries of Radio Pakistan employees. It has been reported that the Information Ministry has prepared a proposal to implement the Rs15 radio fee in electricity bills. As per the proposal, ...

[ad_1] ISLAMABAD: ISLAMABAD. The country’s power regulator--the National Electric Power Regulatory Authority (Nepra) on Friday approved a hike in the national average power tariff by Rs4.96 per unit for the current fiscal year, in line with a condition imposed by the International Monetary Fund (IMF). If Nepra’s decision is implemented, the electric bills of all domestic power consumers will significantly increase. For those consuming 100 units of electricity, the monthly tariff will increase from Rs13.4 to Rs18.36 per unit, resulting in a bill of Rs1,836, excluding taxes and other charges. The tariff for 200 units per month will be set at Rs23.91 per unit, causing the bill to increase from Rs3,700 to Rs4,700. Similarly, for a monthly usage of 300 units, the bill will rise from Rs6,000 to Rs8,000. Electric bill for the household using 400 units will rise from Rs10,000 to Rs12,300 per month. Those consuming 500 units will witness an increase in their electricity bill from Rs1...

[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase of Rs1.25 per unit on account of third quarter adjustments of the financial year 2022-23 for power distribution companies (Discos). The power regulator has burdened the consumers with Rs46.5 billion on account of variation in capacity charges, variable operation and maintenance costs, additional recovery on incremental sales, use of system charges, market operator fees and FCA impact on transmission and distribution losses for the three quarters of the fiscal year 2022-23. This amount will be recovered from the consumers in a period of three months – July, August and September 2023. It is also pertinent to mention that no quarterly adjustments would be passed on to B1, B2, B3 and B4 industrial consumers to the extent of incremental sales till continuation of the package – in line with the authority’s decision dated January 1, 2020. While effecting the quarterly adjustments, t...