ISLAMABAD: An Economic Coordination Committee (ECC) meeting chaired by Finance Minister Asad Umar on Tuesday decided to defer the announcement of increase in electricity tariff, ARY News reported.
According to details, the committee decided to postpone the announcement till its next meeting and directed power companies to ensure 100 per cent collection of electricity bills to minimise the losses
The committee also directed National Electric Power Regulatory Authority and Power Division to prepare a comprehensive plan for the next five years.
ECC was expected to increase price of electricity by Rs 2 per unit. Meanwhile National Electric Power Regulatory Authority had suggested a price hike of over three rupees.
Earlier this month, the PTI government had approved up to 143 per cent increase in natural gas tariff with immediate effect having a cumulative financial impact of about Rs116 billion. The decision was taken in an Economic Coordination Committee (ECC) of the cabinet.
Speaking to media after the meeting, Petroleum Minister Ghulam Sarwar Khan had said that the conusmers have been divided into six slabs so middle and lower middle class will only see a hike of 15 to 20 percent which means if they paid 252 rupees in past as bill, now they will pay Rs275.
The minister had also said that power companies have been directed not to shift the burden on consumers.
https://arynews.tv/en/finance-minister-asad-umar-defends-increase-in-gas-tariff/
