Subsidised consumers eat up power tariff cut |
ISLAMABAD: Challenges in the power sector continue to grow as the number of poor and subsidised consumers more than doubled to 21 million in three years, offsetting a 62-paisa per unit reduction in the national average electricity rates due from Jan 1.
In a record and historic speed, the National Electric Power Regulatory Authority (Nepra) on Monday issued its determination for annual tariff rebasing just a couple of hours after conducting a public hearing on the government’s request. The decision drew criticism from multiple businesses, including representatives of the textile industry and the Federation of Pakistan Chambers of Commerce and Industry.
In its ruling, the regulator........