Economic Coordination Committee or ECC will give go ahead to increase in electricity prices in Pakistan on Tuesday (today).
ECC will approve the increase in electricity prices in Pakistan. However, Asad Umar will chair the ECC meeting today. According to sources, ECC will approve the Rs2 per unit increase in electricity prices. However, ECC sought approval from the PM Imran Khan before the meeting.
During the last meeting, ECC suggested the Rs 2 per unit hike in electricity prices that will now be formally revealed. According to sources, the new electricity tariff will not impact industrial customers. However, it will affect domestic customers.
Last Month, Prime Minister Imran Khan formed a 12 member ECC. Petroleum Minister Ghulam Abbasi, Railways Minister Sheikh Rashid, Law Minister Farogh Naseem, Planning and Development Minister Khusro Bakhtiar are included. In addition, PM’s advisers Dr Ishrat Hussain and Razak Dawood are also a part of committee.