July 20, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the same tariff rationalization for K-Electric as the rest of the country, said a press release issued today.
The meeting of the ECC was held under the chairmanship of the Federal Minister for Finance and Revenue Miftah Ismail.
As per the press statement, the Ministry of Energy (Power Division) presented a summary on Tariff rationalization for the power sector and submitted that in accordance with the National Electricity Policy 2021, the Government may maintain a uniform consumer–end tariff for K-Electric and state-owned distribution companies through the incorporation of direct/indirect subsidies.
Accordingly, KE's applicable uniform variable charge is required to be modified to maintain the uniform tariff across the country. The ECC approved the same Tariff rationalization for K-Electric as the rest of the country.
Commerce Minister Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Industries and Production Makhdoom Syed Murtaza Mehmood, Minister of State D. Aisha Ghous and others attended the meeting.
