tariff:

Budget 2024: Power tariff likely to reduce for industrial sector

The 2024 budget may see a reduction in power tariffs for the industrial sector, providing relief to industries amid considerations for tariff rationalization and proposals to reduce costs for export-oriented industries. This move is expected to amount to around Rs 100 billion in benefits for the export sector. The budget is expected to be presented on June 7, with an estimated total expenditure of Rs 16,700 billion.

Gas tariff likely to go up in Pakistan

The Economic Coordination Committee in Pakistan is likely to approve an increase in gas tariff prices as part of conditions set by the International Monetary Fund. The proposed hike includes a rise in prices for proactive, non-protected consumers and KEPTO plants. Pakistan is also expected to sign a new loan program with the IMF.

Pakistan ‘shares’ electricity tariff plan with IMF

Pakistan has proposed lowering the electricity tariff for its export sector by reducing it from 14 cents to 9 cents, a move shared with the International Monetary Fund (IMF). Despite the IMF's previous rejection, the government aims to enforce the plan upon the lender's approval. Additionally, the IMF has revised Pakistan's 2024 growth estimate to two percent, lower than the government's target.

NEPRA approves hike in electricity tariff

NEPRA has approved an increase in electricity tariff for Karachi, following K-electric's plea. The hike of Rs 2.87 per unit is in response to quarterly fuel adjustment. This translates to a total burden of Rs 4.12 on consumers, effective from January to March 2023. The decision has been forwarded to the federal government for notification.

NEPRA jacks up electricity tariff

ISLAMABAD: In yet another shock to the already overburdened power consumers, the National Electric Power Regulatory Authority (NEPRA) has notified a hike of Rs1.15 per unit in electricity tariff, News reported. 

Impending Hike in Gas Tariff: An Analytical Look

The Economic Coordination Committee (ECC) of the federal cabinet is rumored to be on the verge of approving a substantial increase of up to 193 percent in the gas tariff, as demanded by the International Monetary Fund (IMF). This decision is set to have far-reaching consequences for both domestic and commercial consumers.