Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Electricity Tariff Hike: Pakistan’s DISCOs Propose Increase for 2022-23
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
"DISCOs Tariff Increase 2022-23"
PhotoNews Pakistan > Business > Electricity Tariff Hike: Pakistan’s DISCOs Propose Increase for 2022-23
Business

Electricity Tariff Hike: Pakistan’s DISCOs Propose Increase for 2022-23

Web Desk
By Web Desk Published August 8, 2023 2 Min Read
Share
SHARE

Electricity consumers in Pakistan may face another jolt. The country’s 10 power distribution companies (DISCOs) are proposing a tariff increase of Rs3.50 to Rs6 per unit for the final quarter of the fiscal year 2022-23.

The National Electric Power Regulatory Authority (NEPRA) has scheduled a hearing for August 23 to review the petitions. If approved, this adjustment could impose an additional financial strain of Rs144.688 billion on consumers, retroactive from July 1, 2023.

An official shed light on potential outcomes: if the increase is implemented over the first three months of FY24, consumers could see an uptick of Rs5-6 per unit. Conversely, if the increase spans six months, it could be between Rs2.50-3 per unit. The ball ultimately lies in the government’s court to decide the implementation period for the fourth quarter of FY23.

The average tariff for ToU consumers in the third quarter of FY23 is Rs49.57 per unit once all additional charges are considered. Should the proposed adjustments be accepted, this could jump to Rs53-56 per unit. This spike is a looming concern for domestic users and the commercial and industrial sectors.

Breaking down the Rs144.688 billion, DISCOs’ primary request revolves around Rs122.413 billion for capacity payment for the last quarter of FY23. The remaining amounts are spread across variable O&M, UoSC and MoF, T&D losses on monthly FCA, the effect of incremental units, and the impact on lifeline consumers.

On individual accounts, companies like Faisalabad Electric Supply Company (FESCO) and Lahore Electric Supply Company (LESCO) are looking to recover Rs23.491 billion and Rs31.877 billion, respectively. GEPCO, HESCO, IESCO, MEPCO, QUESCO, SEPCO, and TESCO, have also presented their respective financial needs.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Khamenei Ashura

Iran’s Ayatollah Khamenei Makes First Public Appearance Post-War at Ashura 2025

Sindh Building Control Authority

Another Lyari Building Declared Unsafe, Evacuation Ordered

NDMA flood warning

Pakistan Issues Flood Warning for Guddu, Sukkur Barrages

Post Archives

More Popular from Photonews

Alli Tareen
Sports

Ali Tareen Slams PCB Over PSL 2025’s Declining Fan Interest

3 Min Read
Manchester City Al-Hilal
Sports

Manchester City Stunned by Al-Hilal in 4-3 Club World Cup Thriller

3 Min Read
Salman Khan Battle of Galwan
Entertainment

Salman Khan Unveils Intense Battle of Galwan First Look

3 Min Read
Business

Pakistan’s Forex Reserves Surge to $14.51 Billion, Exceed IMF Target

On June 30, 2025, the State Bank of Pakistan (SBP) reported its foreign exchange reserves surged…

July 3, 2025
Tech

Threads Launches DMs and Highlighter Feature for Enhanced User Experience

Meta’s Threads platform introduced direct messages (DMs) and a Threads Highlighter feature, fulfilling a top user…

July 2, 2025
Punjab

LHC Rules Imran Khan Involved in May 9, 2023 Conspiracy, Denies Bail

On July 3, 2025, the Lahore High Court (LHC) ruled that former Prime Minister Imran Khan…

July 3, 2025
Pakistan

Mobile Service Suspended in Several Cities on 9th Muharram

On July 5, 2025, Pakistan implemented robust security measures for Muharram 9, suspending mobile phone and…

July 5, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?