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Govt plans to cut electricity prices by up to Rs10 per unit

Summary by The Express Tribune
The federal government has unveiled a revised plan to reduce the baseline power tariff by Rs 8 to Rs 10 per unit, Express News reported on Friday, quoting sources. The plan aims to address the issue of circular debt, which will be reduced through the reduction of the debt amount. Under this plan, a reduction of Rs130 billion in debt repayments will create financial space, and the savings will be used to lower electricity prices. The move is also…

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The Express TribuneThe Express Tribune

Govt plans to cut electricity prices by up to Rs10 per unit

The federal government has unveiled a revised plan to reduce the baseline power tariff by Rs 8 to Rs 10 per unit, Express News reported on Friday, quoting sources. The plan aims to address the issue of circular debt, which will be reduced through the reduction of the debt amount. Under this plan, a reduction of Rs130 billion in debt repayments will create financial space, and the savings will be used to lower electricity prices. The move is also…

·Pakistan
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Minute MirrorMinute Mirror

Govt plans to reduce electricity prices by 8 to 10 rupees per unit

Islamabad: After the IMF rejected a proposal to lower electricity tariffs by reducing taxes, the government has now devised a new plan to cut the base tariff by 8 to 10 rupees per unit and eliminate circular debt. Under this plan, financial relief created by a 1.3 trillion rupee reduction in debt repayments will be utilized to address financial losses in the power sector. A senior government official, speaking to The News, confirmed that a signi…

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MM News TVMM News TV

Govt devises new plan to cut electricity prices by Rs.10 per unit

After the  International Monitory Fund( IMF) rejected the tax reduction plan to reduce electricity prices, the federal government has prepared a new plan under which the basic tariff will be reduced by Rs8-10 per unit and the volume of circular debt will be eliminated, an Englidah Daily reported on Friday while quoting reliable sources.  Under this plan, the financial capacity created by the reduction in debt repayments by Rs1.3 trillion will be…

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MM News TV broke the news in on Friday, February 21, 2025.
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