Federal Cabinet approves Rs 1.27 per unit increase in power tariff

ISLAMABAD: Federal Cabinet on Thursday approved increase in electricity tariff by Rs 1.27 per unit as approved by Economic Coordination Committee (ECC) of the cabinet rather than Rs 3.82 per unit as proposed by National Electric Power Regulatory Authority (NEPRA).This was announced by Federal Minister for Finance Asad Umar while briefing the media about the cabinet decisions, flanked by Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain and Federal Minister for Power Umar Ayub Khan.The minister said NEPRA being a regulatory authority was mandated to determine the power tariff and distribution and it had recommended Rs 3.82 per unit increase in the electricity prices.However, the minister said that there was no increase in power tariff for lifeline users using electricity less then 300 units per month, agriculture sector and export oriented industries.

from The News International - National https://ift.tt/2RfprfT

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