The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a surcharge of Rs.1.52/unit to be recovered from K-Electric (KE) consumers in 12 months.
The cabinet committee meeting was attended by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, according to press statement issued by finance ministry.
As per the statement, the Ministry of Energy (Power Division) submitted a summary regarding Quarterly Tariff Adjustments of KE and informed that as per National Electricity Policy 2021, the government may maintain a uniform consumer-end tariff for KE and state owned distribution companies.
Accordingly, KE applicable uniform variable charge is required to be modified to maintain the uniform tariff across the country.
“The ECC after discussion approved a surcharge of Rs.1.52/unit to be recovered from K-Electric Consumers in 12 months. The ECC further allowed release and utilisation of available budget of Rs76 billion as payment of arrears under different heads,” read the statement.
The committee considered another summary of the Ministry of Energy( Power Division) regarding implementation of a revised circular debt management plan and utilization of Rs20.726 billion to government-owned power plants.
