The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved a hike in electricity prices.

According to the media sources, an increase of Rs0.20 per unit in electricity prices approved by NEPRA.

The increase was approved on a petition filed by the Central Power Purchasing Agency (CPPA) under fuel adjustment for September.

A 0.44rs per unit increase in electricity prices had initially requested by CPPA, however, the power division has approved only a Rs0.20 increase.

Consumers now will have to bear an additional burden of about Rs2 billion owing to the increase in electricity prices. The price increase will be applicable to all power distribution companies except for K-Electric.