The National Electric Power Regulatory Authority (NEPRA) has announced a significant increase in the price of electricity, amounting to Rs 2.75 per unit, as per a recent notification.

NEPRA's notification indicates that the adjustment in electricity rates will take effect during the second quarter of the current financial year, with additional charges to be levied on consumers in the months of April, May, and June.

The regulatory authority's announcement specifies that the hike in electricity prices will be applicable across all consumer categories, impacting both residential and commercial users.

This adjustment is expected to impose an additional financial burden of Rs 85.2 billion on consumers during the specified period.

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