Big shock to electricity consumers in Rajasthan, electricity distribution companies are preparing to increase the prices

Rajasthan News: The upcoming government in Rajasthan may have to deal with a new issue right away after it is formed. The state’s electricity distribution corporations are prepared to raise electricity prices, which might lead to fresh issues as soon as the new administration takes office. Approximately 20 percent is expected to be added to the electricity price.

Sources claim that power distribution corporations are currently losing over Rs 76 thousand crores. Companies now face an annual financial burden of Rs 26,000 crore more as a result of the fuel surcharge waiver, permanent duty, and free power initiatives. However, the distribution businesses are unable to make any payments since they have not received any money from the government.

Will electricity be expensive in Delhi or not?? 10 percent increase in power purchase rates

In Delhi, the nation’s capital, electricity costs can be high. Under the terms of the power purchase agreement, power supply firms have been given permission to raise the rates of power purchase by 10%.

Even yet, the government will ultimately decide whether or not to raise electricity costs. To determine Delhi’s new electricity pricing, a procedure is now underway. After considering public input, a final decision will be made.

The Delhi administration also claimed that the tariff increase wouldn’t directly impact consumers. In the summer, electricity costs increase. The expense of the power purchase agreement has increased the cost of electricity. This is a typical method, according to power supply firms. The DERC must be consulted almost annually before power supply firms can propose an increase in the power purchase agreement’s pricing. This time, it was accepted, which led to speculation that the power price could rise by as much as 10%.

Electricity crisis shadowed in Pakistan, people in Karachi protest against rising electricity prices

People in various places, notably Karachi, openly expressed their discontent and staged protests in response to Pakistan‘s ever-rising electricity prices. On Thursday, there were widespread protests about increased electricity prices in Karachi, with protesters storming the K-Electric office in the Korangi district.

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The demonstrators, according to the news agency ANI, demonstrated throughout Karachi’s neighborhoods and reportedly damaged the office’s furniture. People in several areas of Karachi city have been forced to go to the streets due to rising electricity costs and protracted power outages. Many demonstrators who were outraged by the increase in electricity costs halted traffic on the roadways by erecting barriers and setting tyres on fire. These consumers claim that the higher electricity prices are out of their price range.

On Monday, protests against Pakistan’s escalating electricity tariffs took place all throughout Peshawar. People had gathered in front of the Electric Supply Company’s office to demonstrate their disapproval. A power shortage persists in Pakistan. Prime Minister Shahbaz stated last month that the federal government was making every effort to restart the power plants that had stalled in order to resolve the severe energy crisis the nation was now experiencing.

The problem in Pakistan has gotten worse due to the country’s increasing reliance on LNG for electricity generation. Pakistan is having trouble covering the expense of importing LNG from outside due to the steep decline in its foreign exchange reserves. Pakistan and Qatar have already signed two significant long-term supply agreements for LNG. The first transaction was completed in 2016; the second, in 2021. In spite of this, it is difficult to meet the country’s need for electricity.

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