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Reading: As Karachi shuts down, Nawaz announces reduction in power tariff by Rs2.32
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PhotoNews Pakistan > Top News > As Karachi shuts down, Nawaz announces reduction in power tariff by Rs2.32
Top News

As Karachi shuts down, Nawaz announces reduction in power tariff by Rs2.32

Web Desk
By Web Desk Published December 12, 2014 1 Min Read
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Prime Minister Nawaz Sharif on Friday announced a reduction in the power tariff by Rs2.32 per unit in a bid to provide relief to the masses, on Friday.

While addressing a press conference in Peshawar after visiting Awami National Party leader Bashir Bilour, PM Nawaz Sharif said there will be a further reduction in petroleum prices, adding that economic indicators were showing signs of improvement.

“Our only mission is not to end load shedding but also reduce the tariff,” he said, adding that his government’s priority is to make electricity production cheaper.

He said coal-based power plants have already been initiated with the help of Chinese companies. “Despite a lack of resources, the government is striving to provide relief to the people.”

The premier argued that the reduction in power would decrease inflation in the country, while also emphasizing that the power crisis would not end overnight.

TAGGED:Nawaz Sharif
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