ECC raises K-Electric tariff.

The government on Wednesday agreed to increase electricity tariff for K-Electric consumers and also approved supplementary grants of Rs139 billion, including Rs113 billion for power plants to keep running them and avoid default on payments for fuel supplies. Headed by Finance Minister Miftah Ismail, the Economic Coordination Committee (ECC) of the cabinet cleared an increase of 57 paisa per unit in the electricity rates for K-Electric consumers. However, it...