Govt to reduce power prices after completion of projects, says PM

Published October 16, 2013
Prime Minister Nawaz Sharif. — File photo
Prime Minister Nawaz Sharif. — File photo

RAIWIND: Prime Minister Nawaz Sharif said Wednesday that the government’s hands were tied and it was forced to increase electricity prices, DawnNews reported.

Addressing party workers at his residence in Raiwind, the premier said the government would reduce the electricity tariff after completion of new power projects.

Last week, the Pakistan Muslim League – Nawaz (PML-N) federal government had notified a massive increase of over 70 per cent in power tariff to be effective from November 1.

A tariff revision was made through the National Electric Power Regulatory Authority (Nepra) on directives issued by the Supreme Court earlier this month.

Sharif said that the government had launched an operation against power theft to overcome the electricity shortage.

He said the energy crisis had become a major challenge which badly affected the economy adding that the government was fully committed to overcome it during its five years constitutional term.

Speaking about an ongoing operation to restore law and order in Sindh’s provincial capital Karachi, the premier said the government was not under any political pressure to conduct targeted operations.

He said citizens of Karachi were satisfied with steps taken by the government to rid the city of criminal elements and extortionists.

He moreover said that the PML-N government had assumed charge over the nation in difficult times, adding that it wanted lasting solutions to the problems faced by the country.

The premier said the government would undertake tough decisions to enforce law and order in the country.

“We are going to take bold decisions for the sake of restoring peace and maintaining law and order in Karachi and everywhere in the country,” he said.

The prime minister appreciated the performance of law enforcement agencies in Karachi which, he said, had decreased to some extent crimes like kidnapping for ransom, targeted killings and extortion.

Sharif said the government had taken all political parties on board for preparing a common agenda to eradicate terrorism from Pakistan. He said the dialogue process was adopted to restore peace and hoped that the efforts of talks would be successful.

“By the grace of Allah Almighty, we are determined to make a bright future of Pakistan through hard work to come to the expectations and aspirations of the people” he said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.