Year 2019 ended with some pain and gain. The government of Pakistan Tehreek-e-Insaf (PTI) may term it a year of success but it also added to the misery of the common man. A jolt to consumers came when the government agreed to increase energy prices under a $6-billion loan package secured from the International Monetary Fund (IMF). However, there had…
Read MoreMonth: January 2020
NEPRA increases K-Electric’s tariff by Rs4.8 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed K-Electric a hefty increase of around Rs4.8 per unit in power tariff on account of quarterly tariff adjustment as consumers and the government will be paying extra Rs106 billion. In a statement issued on Tuesday, Nepra said the authority, based on the information, data and record provided by K-Electric, approved the…
Read MorePrice of petrol raised by Rs2.61 per litre, kerosene by Rs3.10
ISLAMABAD: The government on Tuesday increased fuel prices for January, raising the petrol price to Rs116.60 per litre with the increase of Rs2.61, while approving the recommendations made by the Oil and Gas Regulatory Authority (Ogra). A notification issued by the finance ministry says that the new rate for the most widely used fuel consumed in large vehicle engines and…
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