Pakistan News Service

Wednesday Oct 24, 2018, Safar 13, 1440 Hijri
Logo
LATEST :
Pakistan News Home -> Top -> News Details

ECC not increasing electricity tariffs

26 September, 2018

  Related News  
Nacta to be truly proactive organisation: Imran Khan
Imran Khan pledged all-out support to provinces
  More on this View All

The Economic Coordination Committee (ECC) on Tuesday postponed the decision on proposed increase in electricity tariffs until the next meeting.

It was expected that the ECC meeting, which was chaired by Finance Minister Asad Umar, would give go-ahead for a Rs 2 per unit increase in electricity prices. According to sources, the ECC had sought approval from Prime Minister Imran Khan for the price hike ahead of the meeting.

The ECC, however, directed the National Electric Power Regulatory Authority (NEPRA) and the Power Division to present the policy for the next three to five years during the next meeting. According to reports, directives were issued to formulate a policy on collection of bills and a strategy to decrease line losses.

The committee also directed the Power Division to ensure that the poor and lower-end consumers should not be unnecessarily burdened while preparing the plan for any increase in the power tariff.

The meeting also decided not to recover circular loans from consumers, added sources.

In its last meeting, gas prices in the country were increased by up to 143 percent. Following the meeting, Petroleum Minister Ghulam Sarwar while addressing the media had said the majority of gas consumers would be subjected to a maximum 20 percent increase, while consumers using over 500 cubic meters would see an increase of up to 143 percent.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites