ISLAMABAD : National Electric Power Regulatory Authority (NEPRA) on Tuesday approved reduction in the electricity tariff by 3.60 rupees per unit.

The decision has been made on account of fuel adjustment for the month of November this year. The decision will not be applicable on K-electric.

Fuel cost reference for November was 7.30 rupees per unit but actual cost remained 3.70 rupees per unit.

Eight billion and ninety crore rupees have been saved due to reduction in oil prices, and fifteen billion rupees have been saved due to improvement in generation mix.

On the other hand, it has been decided to increase 0.60 rupees per unit for K-Electric.