Sehar Timings Mar 29 - Ramazan 18

Lahore
LHR
04:36 AM
Karachi
KHI
05:12 AM
Islamabad
ISB
04:38 AM
Peshawar
PWR
04:42 AM
Quetta
QTA
05:07 AM

News

Govt approves increase in power tariff by Rs7.91 per unit

July 26, 2022 06:25 PM


The federal cabinet has approved an increase in electricity prices by Rs7.91 per unit in three phases. 

Federal Minister for Power Khurram Dastgir and Minister of State for Petroleum Musadik Malik announced the new power tariff at a press conference in Islamabad on Tuesday.

The federal ministers said that the government has approved an increase of power tariff by Rs3.50 per unit from today (Tuesday, July 26) and the second hike of the same charges will be implemented next month.

In the third phase in October, the electricity rates will be increased by Rs0.91 per unit, the federal ministers said.

Federal Minister Khurram said his government has decided to increase power tariffs with no impact on poor consumers.

He assured the nation that the electricity rates will start decreasing from November after reflecting of fuel surcharge in the tariff.

Khurram said the hike would have no such impact on the consumers as the increase had already been reflected in the monthly bills on account of fuel price adjustment.

The minister said the cabinet had also decided to provide a smooth and uninterrupted power supply round the clock to the dedicated industrial feeders to protect the livelihoods of the people.

He said they would give the tariff that was close to the regional countries in order to enhance the country’s exports. The minister said the prime minister was personally monitoring the entire situation. 

To a query, he said the incumbent government inherited Rs2,467 billion circular debt which had been brought down by Rs214 billion in short term.

The minister said Imran’s government delayed main power projects including 1320 MW Shanghai Thar Coal, 1200 MW Trimmu RLNG, 1320 MW Jamshroo and 720 MW Karot hydropower to provide benefit to their blue-eyed.

To another question, the minister said the entire tunnel of Neelum Jhelum was being de-watered to assess the real issues while the Guddu power plant was generating 460 MW.

State Minister Dr Musadik Malik expressed confidence that the electricity price would start coming down from October-November due to effective policies of the government.

The minister said there were strict directives of Prime Minister Shehbaz Sharif to protect poor segments of the society from additional financial burden, adding there were almost 27 million domestic electricity consumers in the country, out of which 13 million families would have no negative impact on the tariff’s rebasing.

“In the new adjustment, it has been ensured that 13 million families (almost 80-85 million people) will remain protected. This tariff adjustment will not affect them,” he added.

On the network of Sui Northern Gas Pipelines Limited alone, he said, around 780 Metric Million Cubic Feet per Day (MMCFD) of gas was available against the average winter demand of 1,150 MMCFD of domestic consumers in Punjab and Khyber Pakhtunkhwa only.

He said the government was in process of devising an effective strategy and exploring all possible means to meet the upcoming peak winter needs of gas consumers.

The minister held the PTI government for the prevailing energy crisis in the country as it had miserably failed to make arrangements for the availability of Liquefied Natural Gas (LNG), keeping in view the next 2-4 years’ needs of the country.

https://www.youtube.com/watch?v=uAx0qlUNI6I



Most Read

  1. Man murders young sister by smothering her with pillow in Toba Tek Singh Man murders young sister by smothering her with pillow in Toba Tek Singh
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  4. Sahiba meets her father for the first time Sahiba meets her father for the first time
  5. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba
  6. Four terrorists killed as attack on Turbat Naval Base thwarted Four terrorists killed as attack on Turbat Naval Base thwarted

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer