ISLAMABAD: The Federal Cabinet has approved the hike in basic electricity tariff which was taken through circulation

According to sources, Nepra had sent the decision to increase the basic electricity tariff by Rs 5.72 per unit to the government

Sources say that Nepra has decided to increase the basic electricity tariff for the financial year 2024-25 and to apply the increase in electricity tariff from July 1, 2024

According to the sources, Nepra had approved the increase of the average basic electricity tariff from Rs 29.78 to Rs 35.50 per unit while the decision of the federal cabinet will be sent to Nepra for uniform tariff

According to the sources, after the approval of Nepra, the government will issue a notification to increase the basic electricity tariff

According to the sources, under the IMF conditions, the federal government has to increase the basic electricity tariff by July 10. The increase in the basic electricity tariff will have an additional burden of about 600 billion rupees on the consumers