Former president FPCCI and Chairman Businessmen Panel (BMP), MianAnjumNisar criticizing the decision of government to make another raise in electricity tariff has urged the NEPRA to reverse the decision of hike in power charges, as it has increased tariff of power Distribution Companies by Rs4.56 per unit as part of the December fuel adjustment to recover Rs76 billion from trade and industry.
In a statement issued here on Sunday, he said that this change in tariff will cause an additional burden of Rs40 billion on consumers. He said that it was unfortunate that during last two months, electricity prices have gone up by Rs8.69 due to fuel price adjustment. In November alone, the electricity tariff was raised by Rs4.13. In just two months, the power tariff raise has put an additional burden of Rs76 billion on consumers.—INP
