ISLAMABAD: The Finance Ministry Wednesday said the upward adjustment in energy tariffs and further increase in fuel prices would strain the inflationary pressures in coming months. In its monthly, “Economic Update and Outlook” for August 2023 released on Wednesday, the Finance Ministry said the two massive fuel price hikes witnessed in August 2023 and upward adjustment in energy tariffs would strain the inflationary pressures in coming months. Inflation is anticipated to remain around 29 to 31 percent in August 2023 as the two times raise in fuel prices drives a…
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Hike in Tariffs of Discos KE on Cards
Public Electric Power Administrative Power (NEPRA) has indicated a climb of Re0.99 per unit and Rs1.71 per unit in the levies of Discos and KE separately, and noticed that the postponement by NTDC in consummation of transmission line for clearing of Thar coal based power will trouble the customers by Rs80 billion. Nepra held two separate formal reviews on Discos and KE month to month fuel charges changes and one hearing on quarterly changes of KE. The formal review was directed by Taseef H. Farooqui, Director Nepra, and was gone…
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