{"id":243922,"date":"2022-02-12T09:07:35","date_gmt":"2022-02-12T04:07:35","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=243922"},"modified":"2022-02-12T09:07:35","modified_gmt":"2022-02-12T04:07:35","slug":"hike-in-power-tariff-on-cards","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/hike-in-power-tariff-on-cards\/","title":{"rendered":"Hike in power tariff on cards"},"content":{"rendered":"<p>ISLAMABAD<br \/>\nThe federal government is planning to increase the power tariff to reduce circular debt, as the Cabinet Committee on Energy has reportedly approved a revised circular debt plan. Documents show the government is planning to increase basic tariff by 0.63 paisa\/unit for February 2022. As per documents, an increase of Rs2.17 per unit from July 1, 2023, in yearly basic tariff is estimated, while the circular debt will be reduced by Rs950 billion by June 2023. The documents also show that the circular debt was at Rs2,476 billion till December 2021.<br \/>\n It added that with the adjustments the debt will reduced to Rs2,280 billion by June 2022, and it will further decrease to to Rs1,526 billion by June 2023.<\/p>\n<p>According to the documents, Rs85 billion will be collected by June 2023 with the help of the Rs0.63 per unit in electricity prices. While Rs207 billion will be collected yearly by increasing Rs2.17 in basic tariff. In addition, line losses will also be minimised to reduce circular debt and measures will be taken to increase revenue. TLTP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The federal government is planning to increase the power tariff to reduce circular debt, as the Cabinet Committee on Energy has reportedly approved a revised circular debt plan. Documents show the government is planning to increase basic tariff by 0.63 paisa\/unit for February 2022. As per documents, an increase of Rs2.17 per unit from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-243922","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hike in power tariff on cards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/hike-in-power-tariff-on-cards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hike in power tariff on cards\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The federal government is planning to increase the power tariff to reduce circular debt, as the Cabinet Committee on Energy has reportedly approved a revised circular debt plan. Documents show the government is planning to increase basic tariff by 0.63 paisa\/unit for February 2022. 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