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Wednesday, October 5, 2022
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HomeNationalPetrol price up by Rs2.07 per litre, power tariff by Rs4.34 per...

Petrol price up by Rs2.07 per litre, power tariff by Rs4.34 per unit

Petrol will now be priced at Rs235.98 per litre, HSD at Rs247.43 per litre

The federal government on early Thursday jacked up the prices of petroleum products by Rs10 for the next fortnight.

According to a notification issued by the Finance Division, the price of petrol was increased by Rs2.07 per litre. Petrol will now be priced at Rs235.98 per litre. The price of high-speed diesel was increased by Rs2.99 per litre after which the new price will stand at Rs247.43 per litre.

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The price of kerosene oil and light diesel saw an increase of Rs10.92 per litre and Rs9.79 per litre, respectively. Kerosene oil will now be priced at Rs210.32 per litre and light diesel at Rs201.54 per litre. Separately, the National Electric Power Regulatory Authority (NEPRA) on Wednesday approved another increase in electricity tariff by Rs4.34 per unit on account of monthly fuel adjustment for July 2022.

The Central Power Purchasing Agency had submitted an application for an increase in electricity tariff by Rs4.69 per unit. The increase would be applicable to all power consumers except lifeline and the K-Electric. The decision to this effect was made during a hearing, which was presided over by NEPRA Chairman Tauseef H Farooqi. Sindh member Rafique Ahmed Sheikh and Khyber Pakhtunkhwa member Maqsood Anwar Khan were also present on the occasion.

Moreover, the K-Electric had sought Rs 3.48 per unit decrease in the fuel cost adjustment (FCA) for June. However, as per the regulator’s calculation, the decrease could be Rs.3.63 to Rs4.10 per unit in the tariff for the said period. The power utility had charged Rs11.10 per unit from the consumers under the FCA for June.  The authority would announce its decisions after reviewing the statistics.

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