Govt. considering reduction in electricity price on priority: PM

News Image

MG News | February 24, 2020 at 02:24 PM GMT+05:00

0:00

Feb 24, 2020: Prime Minister Imran Khan on Monday terming energy sector as vital for the country's economic progress said reduction in electricity price, energy reforms and overcoming power losses was the priority of the government.

The prime minister was chairing a high-level meeting on proposals to reduce the cost of electricity, which was attended by Planning minister Asad Umer, Power minister Omar Ayub, Minister for maritime affairs Syed Ali Haider Zaidi, Finance Adviser Dr Abdul Hafeez Sheikh, Special Assistant to PM Nadeem Babar and relevant federal secretaries.

Imran Khan said the government was cognizant of problems faced by electricity consumers and was making efforts to ensure stability in prices to facilitate common man.

He mentioned that the government was providing relief to consumers using 100 to 300 of electricity.

He regretted that negligence of previous governments on power projects and administrative reforms put unnecessary burden over electricity consumers.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 146,842.97
308.12M
-3.21%
-4864.54
ALLSHR 87,967.59
522.14M
-3.28%
-2983.36
KSE30 44,431.42
152.55M
-3.24%
-1487.15
KMI30 212,754.03
116.65M
-3.35%
-7371.19
KMIALLSHR 57,498.02
266.29M
-3.14%
-1865.50
BKTi 40,085.67
63.43M
-2.93%
-1211.97
OGTi 30,663.77
19.55M
-1.69%
-525.64
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,780.00 68,420.00
65,090.00
555.00
0.84%
BRENT CRUDE 113.44 116.89
111.41
0.87
0.77%
RICHARDS BAY COAL MONTHLY 112.50 112.50
112.00
1.40
1.26%
ROTTERDAM COAL MONTHLY 122.00 125.40
122.00
-0.75
-0.61%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 103.37 103.86
99.43
3.73
3.74%
SUGAR #11 WORLD 15.54 16.10
15.52
-0.22
-1.40%

Chart of the Day


Latest News

Top 5 things to watch in this week

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