Government announces Rs1.95 increase in power tariff

Government announces Rs1.95 increase in power tariff

Federal Minister for Energy Omar Ayub Khan on Thursday announced Rs1.95 per unit increase in electricity tariff.

Addressing a press conference in Islamabad Ayub said that the rise in tariff was still much less than the increase which should be done due to failed policies of the previous government.

Khan said that the previous government had left "landmines" for the PTI government in the form of badly drawn up agreements with independent power producers (IPPs).

He said the new rates would be applicable once the National Electric Power Regulatory Authority (Nepra) issued a notification.