Times of Islamabad

Gas and Electricity prices in Pakistan increase yet again

Gas and Electricity prices in Pakistan increase yet again

ISLAMABAD: The Economic Coordination Committee (ECC) also approved anincrease of Rs 20 per month as meter rent for domestic consumers for bothgas companies.

ECC, which met in Islamabad on Wednesday with Prime Minister’s Advisor onFinance Dr Abdul Hafeez Shaikh in the chair, approved the increase in thenatural gas sale price for commercial consumers excluding domestic, tandoor

Starting from tomorrow, gas supplies would be reduced to 50 percent forboth Saturdays and Sunday to the export sector for two consecutive weekendsand possibly the third weekend to build sustainable gas pressures in SSGC’ssystem.

ECC allowed a slight increase of 32 paisa in electricity tariff forconsumers of up to 200 units.

The Economic Coordination Committee has also approved over Rs19 billion tostart the implementation of retrenchment plan of Pakistan Steel Mills on animmediate basis.

The meeting allowed (in principle) the conversion of National HighwayAuthority loans into government grants on the presentation of anoperational and corporatization plan for NHA. The Minister for Planningshall oversee the preparation of this plan.