KARACHI, March 12: The Karachi Electric Supply Corporation has not increased electricity tariff for its industrial, commercial, residential and agricultural customers since June 2004 and neither has it any authority for raising tariff, the KESC spokesman said on Sunday.
He said since the last three years, furnace oil prices had increased by 95.5 per cent (from Rs10,897.39 to Rs21,303.35 per m-tons) while natural gas price had increased by 45 per cent (from Rs166.18 to Rs240.91 MMBTU).
On the basis of raise in input costs for electricity generation, the National Electric Power Regulatory Authority made quarterly tariff adjustments, the spokesman said, adding that five adjustments had been made since June 2004 including the recent Paisas 23 in tariff.
But the government of Pakistan had not allowed this increase, he said.
The spokesman assured its industrial, commercial, residential and agricultural customers that the corporation would not increase electricity tariff as no notification had been issued by the federal government.—PPI
