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Home Breaking News

NEPRA announces winter package for electricity consumers

byCT Report
04/11/2021
in Breaking News, Business, Latest News
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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Wednesday announced a winter package for electricity consumers in what appears to be an attempt to encourage electricity consumption in the winter season as opposed to the usual reliance on natural gas in this period.

The package has been approved at the request of the energy ministry.

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NEPRA has issued a flat rate per unit of electricity, under which the consumers will be charged Rs12.96 per unit after consumption of 300 units of electricity during the winter months.

The package will be applicable across the country from November 1, 2021, till February 28, 2022. Domestic, commercial, and general services consumers can all benefit from the package.

In a major setback for the country, two LNG trading companies have backed out of an agreement made with Pakistan LNG Limited (PLL) to provide the country two LNG cargoes for this month (November) for mammoth monetary gains of up to 200% profit in the international spot market.

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