Islamabad February 28 2022: On the instructions of the PM, Fuel Cost Adjustments that have been incurred in electricity bills (due to rise in prices of imported fuels) since last few months to the tune of Rs 4-5/unit will be absorbed by the govt henceforth for residential/commercial consumers, says Minister of Energy Hammad Azhar.
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Prime Minister reduces petrol prices by PKR 10 per liter and electricity by PKR 5 per unit
He added that “Similarly, petrol/diesel prices to be reduced by Rs 10/litre. This will be achieved by reducing PDL in the short-term but by a funded subsidy in the long term.”
Earlier the PM has announced an historic package for reduction in electricity and petrol prices.