ECC approves tariff rationalization for K-Electric.

ISLAMABAD -- The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the same tariff rationalization for K-Electric (KE) as the rest of the country.

Ministry of Energy (Power Division) presented a summary on Tariff rationalization for power sector and submitted that in accordance with the National Electricity Policy 2021, the Government may maintain a uniform consumer-end tariff for K-Electric and state-owned distribution companies through incorporation of direct/indirect subsidies.

Accordingly, KE applicable uniform variable charge is required to be modified to maintain the uniform tariff across the country. After discussion, the ECC approved the summary.

The meeting of the ECC was held here presided over by Federal Minister for Finance and Revenue Miftah Ismail.

Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Industries and Production Makhdoom Syed Murtaza Mehmood, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, Minister of State for Petroleum Musadik Masood Malik, Coordinator to the PM on economy Bilal Azhar Kayani, Coordinator to PM on Commerce and Industry Rana Ihsan Afzal, federal secretaries and senior officers attended the meeting.

Ministry of National Food Security and Research tabled a summary on urgent...