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Nawaz approves hike in power tariff
[Pak Daily Times] Prime Minister Nawaz Sharif
... served two non-consecutive terms as prime minister, heads the Pakistain Moslem League (Nawaz). Noted for his spectacular corruption, the 1998 Pak nuclear test, border war with India, and for being tossed by General Musharraf...
on Friday approved Rs 2.50 per unit increase in electricity tariff. The decision was taken by the prime minister at a high-level meeting aimed at reviewing the energy crisis. Nawaz decided to take comprehensive steps to increase power generation. Issues relating to power theft, uniform tariff and line losses came under discussion. The meeting also decided to start talks with neighbours, including India, to import energy. According to the Water and Power Ministry, the government has to give a subsidy of Rs 350 billion because electricity, which is being purchased at Rs 14/unit, is sold at Rs 9/unit to the consumers. It said that up to Rs 150 billion could be saved by increasing the power tariff by Rs 2.50/unit. The meeting was told that a new energy policy would be devised by the month-end.
Posted by: Fred 2013-06-15
http://www.rantburg.com/poparticle.php?ID=370256