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CCI approves five-year power policy; industrial, commercial consumers’ tariff mounts

SAMAA | - Posted: Jul 31, 2013 | Last Updated: 8 years ago
Posted: Jul 31, 2013 | Last Updated: 8 years ago

Staff ReportISLAMABAD: The Council of Common Interest (CCI) has given approval of power policy for next five years today and now industrial and commercial consumers’ power tariff will mount by Rs. 2 to 3 per unit from tomorrow, SAMAA reports.Prime Minister Nawaz Sharif chaired a meeting of the Council of Common Interest (CCI) in Islamabad this day. The meeting approved five-year power policy unanimously.Federal Water and Power Minister Khawaja Asif said while talking to media after the meeting that power tariff will mount up by Rs. 2 to 3 per unit for industrial and commercial consumers from tomorrow. Domestic consumers’ tariff will be increased from October1, he added.Khawaj Asif told that those consumers would not affect from the new power tariff rates who consume less than 200 units per month.The CCI also approved formation of Utility Courts for taking actions against gas and power thieves.Dr. Mussadiq Hussain, Special Advisor to PM for Energy, informed on the occasion that markets will be closed at 8.00pm in all provinces after Ramadan and this initiative will save 1200 to 1500 megawatts of power.Over 5,000 megawatts of power production will be increased before 2017 and those power production plants will be shifted to coal energy, which are being run on furnace oil, states the new power policy. SAMAA

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