NEPRA notifies Rs 2.60 cut in electricity price

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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Wednesday has issued a notification of a cut of Rs 2.60 in per unit price of electricity.

 According to a statement by Chairman NEPRA Tariq Sadozzai, the price reduction has been announced in the wake of fuel adjustment price for September 2015.

Due to decreased prices of furnace oil the cheaper electricity was produced, however the customers were charged at the same rate this September.

 The electricity supplying companies collected an extra amount of Rs 2500 billion which will return to users in January 2016.