ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 100 per cent uniform electricity rates across the country, including Karachi, a subsidised fan replacement scheme, new energy vehicle policy 2025-30 and a Rs5.8 billion relief package for people affected by recent monsoon rains.

The ECC meeting presided over by Finance Minister Muhammad Aurangzeb also approved payment of Rs331m for settlement of international claims against the Pakistan National Shipping Corporation.

The power division told the ECC that the government had maintained uniform consumer-end power rates to the extent of base tariff and Quarterly Tariff Adjustments across the country.

However, the mechanism of charging Fuel Charges Adjustment (FCA) was currently not uniform for Discos and K-Electric. It sought application of Discos’ FCA for KE consumers as well to streamline subsidy payments through fresh policy directions to the National Electric Power Regulatory Authority (Nepra) for uniform FCA as well.

Approves........

© Dawn Business