ISLAMABAD: Consumers using more than 300 units of electricity will be affected by an increase of 1.75% in power tariffs effective from December 1 as the government approved the new rates prior to an executive board meeting of the International Monetary Fund (IMF).
Effective from December 1, the revised rates will compel consumers across all categories to pay an increased price of 15 paisa per unit, while commercial and industrial consumers will be required to fork out an additional 11 paisa per unit.
Of the entire 30 million consumers of electricity, approximately 20 million are the ones who use under 300 units per month.
Once implemented, the average electricity tariff will rise to Rs13.77 per unit from the current Rs13.51 per unit, excluding general sales tax, monthly fuel price adjustments and some other taxes and duties.
The fourth increase in tariffs since January this year also aims to meet the terms of the IMF’s condition to restrict the flow of circular debt to an agreed level.
For more news and blogs, visit Graana.com.
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
