Electricity tariffs set to drop by 8-10%

News Image

MG News | October 13, 2024 at 12:11 PM GMT+05:00

October 13, 2024 (MLN): The government will soon be able to decrease the electricity tariffs by 8-10% per unit to provide relief to the power consumers, Minister for Power Sardar Awais Leghari said today during an interview with a private news channel. 

He also warned that electricity thieves and corrupt officials will face termination from their positions starting next month.

Leghari expressed hope that reforms in the power sector would bring positive changes for the public.

He emphasized the implementation of anti-theft measures to enhance transparency and ensure reliable, affordable, and sustainable electricity for all.

The Minister reiterated a zero-tolerance policy against power theft, stating that any officers found guilty of corruption will be dismissed, regardless of when the wrongdoing occurred.

Leghari outlined steps to tackle ongoing issues in the power sector, including upgrading and repairing feeders to reduce power losses and strengthening transmission infrastructure to improve efficiency.

He also highlighted that the government is working to resolve financial challenges in the power sector by focusing on revenue generation and overhauling the taxation system.

"We are committed to ensuring the growth of the power sector," Leghari stated.

These initiatives aim to create a stronger power sector that benefits both the economy and the public.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 179,700.31
386.00M
-0.94%
-1697.90
ALLSHR 108,261.50
856.92M
-0.87%
-945.59
KSE30 53,586.66
229.04M
-0.95%
-511.84
KMI30 256,832.93
210.38M
-0.83%
-2149.86
KMIALLSHR 70,272.95
490.41M
-0.86%
-613.05
BKTi 48,936.44
42.45M
-1.01%
-497.16
OGTi 36,815.83
16.58M
-0.88%
-328.05
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,935.00 66,160.00
64,825.00
-765.00
-1.16%
BRENT CRUDE 79.44 80.77
78.79
-0.41
-0.51%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
7.50
6.49%
ROTTERDAM COAL MONTHLY 125.50 0.00
0.00
-0.40
-0.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 75.75 76.78
74.98
-0.10
-0.13%
SUGAR #11 WORLD 14.24 14.33
14.22
-0.07
-0.49%

Chart of the Day


Latest News
June 19, 2026 at 03:34 PM GMT+05:00

SECP plans major IFMP reforms


June 19, 2026 at 03:32 PM GMT+05:00

Pakistan to go fully electronic on passports


June 19, 2026 at 03:24 PM GMT+05:00

OMO Result: SBP injects Rs3.7tr into Market


June 19, 2026 at 03:07 PM GMT+05:00

Peace deal puts Pakistan-Iran ties on new footing


June 19, 2026 at 02:46 PM GMT+05:00

Gold price in Pakistan falls Rs14,900 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg