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Thursday, November 17, 2011

Cabinet approves 4pc increase in power tariff

ISLAMABAD: The federal cabinet has approved a four per cent increase in electricity tariff.

The increase has been approved in addition to the tariff increase passed on to the consumers directly due to increase in the international oil prices.
Since last year power tariff has cumulatively increased by 70 per cent.
During the current year the government has to increase the electricity tariff by 12 per cent.
The proposal for the increase in power tariff was also sent to the PM for the approval earlier but it was not improved then. Online