ECC approved hike in the tariff of K - Electric

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ECC approved hike in the tariff of K - Electric

*ISLAMABAD – The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved an increase of up to Rs1.09 per unit in the tariff for K-Electric on account of quarterly adjustments.*

The ECC meeting was chaired by Adviser on Finance Dr Abdu Hafeez Shaikh. During the meeting, the issue of quarterly adjustments of K-Electric Limited for the period from 2016 to 2019 was discussed.

The fuel adjustment charges for the month of September would be charged in consumer bills in next month.

The ECC directed the Finance and Power Divisions to facilitate K-Electric through subsidy amounting to Rs4 billion.