Government decides to wrap up Pepco
ISLAMABAD: In pursuance of a reforms agenda pushed by international lenders, the government has decided to sell 5-10 per cent shares of power distribution companies to the general public, change their management, fire meter readers and replace the Pakistan Electric Power Company with a new cell within the federal government.
All the measures and a 24-35 per cent increase in electricity tariff, partly during the current fiscal year, were discussed on Monday at a meeting of the Planning Commission.
The plan also envisages different tariffs in the provinces, much lower in Punjab because of its better managed distribution companies.
All the measures and a 24-35 per cent increase in electricity tariff, partly during the current fiscal year, were discussed on Monday at a meeting of the Planning Commission.
The plan also envisages different tariffs in the provinces, much lower in Punjab because of its better managed distribution companies.