Another bad news for energy consumers as Nepra has endorsed the government decision to eliminate Rs5 subsidy on electricity price, reported 24NewsHD TV channel.
The Nepra on Wednesday forwarded its decision for notification to the federal government.
According to Nepra, the implementation of its decision regarding withdrawal of electricity relief package will be applicable from June 1, 2022.
It is to be noted here that former prime minister Imran Khan on Feb 28 had given Rs5 per unit cut in the electricity tariff and Rs10 per litre reduction in the prices of petrol and diesel. The relief package irked the IMF which stalled its loan programme for Pakistan.
After it took rein in April, the new PML-N government in order to win over the Fund’s Extended Fund Facility has started withdrawing fuel subsidies, besides jacking up energy prices time and again.
Reporter Awais Kiyani