ISLAMABAD – The Pakistan Tehreek-e-Insaf (PTI) led federal government is mulling to approve a hike in power tariffs.
According to local media reports, the summary to increase tariffs 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 tomorrow (Tuesday).
Recommendations for an increase in prices for the years 2016-17 and 2017-18 have been made and the price per unit is expected to rise to Rs3.75.
https://en.dailypakistan.com.pk/headline/ecc-suspends-hike-in-electricity-prices/
“With the recommended rise in power tariff, an additional Rs400 billion per 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.
