Delhi Power Minister Ashish Sood on Monday indicated a potential rise in electricity prices, attributing it to a Rs 27,000 crore debt left by the previous AAP government with power distribution companies (Discoms) through the Delhi Electricity Regulatory Commission (DERC).
This increase in electricity prices is part of the quarterly adjustment for the first quarter of the current fiscal year, ARY News reported on Wednesday. consumers will bear an additional burden of PKR 1.18 billion in electricity prices
The leader of the Peoples Party Workers Shaukat Javed Mir, has strongly criticised the recent reduction in electricity prices and the government's bailout package, asserting that neither has provided any real benefit to the common people.
Residents and shopkeepers in Pakistan-occupied Jammu and Kashmir have staged protests demanding government accountability regarding rising rent and electricity charges. Protesters highlighted the lack of regulations allowing landlords to arbitrarily increase rents and expressed frustration o
Pakistan's Jamaat-e-Islami chief Hafiz Muhammad Naeem on Tuesday announced a nationwide sit-in on September 29 in a bid to ask the government to reduce electricity prices, ARY News reported.
The WPI for all commodities in August stood at 154.5, showing a slight decrease from 155.2 in July. Primary articles, which hold a weightage of 22.62 per cent, registered an index of 194.9 with a year-on-year inflation rate of 2.42 per cent, down from 3.08 per cent in July.
Debt reprofiling is a strategy used to restructure a country's existing debt obligations. It involves extending the maturity dates of debt, reducing interest rates or altering other terms of the debt agreements to make repayment more manageable.
Congress leader Anil Chaudhary, accompanied by party workers, led a protest on Wednesday against the Delhi government, citing concerns including the recent increase in electricity prices.