ISLAMABAD: The federal government has prepared a summary regarding a hike in power tariffs, sources said on Monday. According to sources, the summary has been prepared and will be approved during a meeting of the Economic Coordination Committee (ECC) scheduled to be chaired by Finance Minister Asad Umar on Tuesday (today).
“Recommendations have been made for increase in prices for the years 2016-17 and 2017-18 as per the price per unit is expected torise to Rs3.75,” sources added. “With the recommended rise in power tariff, an additional Rs400 billion a month is expected to be collected from consumers,” sources added.
Last month, the National Electric Power Regulatory Authority (Nepra) approved an increase of Rs1.16 per unit in electricity prices. However, the ECC had deferred announcing an increase in the price of electricity.
Pak Ethanol announced formation of national consortium in partnership with prominent international aviation entities
Saudi Ambassador promised massive support for federal capital police and its associate law-enforcement agencies
IHC fixed for hearing pleas of former PM Imran Khan and former FM Qureshi against their conviction in cipher case
Shipping containers are seen stacked on a ship at a sea port in Karachi. — AFP/FileISLAMABAD: A senior...
Food Department of Sindh has taken decisive action against alleged complicit officers within its ranks
PM Shehbaz will undertake an official visit to UAE next week on the invitation of UAE President
