ISLAMABAD: Minister for Energy Awais Leghari said that NEPRA has increased 96 paisa per unit in its quarterly adjustment. "Regulator has also slashed Rs 2.87 per unit in fuel adjustment charges for all power consumers," he said while talking to media. He said consumers have to pay Rs 2.37 per unit less in their bills including tax. "Media, like always, misunderstood and misreported news," he complained.

Awais said that government was trying utmost to reduce electricity price. "We are working over IPPs power generation and DISCOs power theft issues," Minister said.

He said government has also initiated talks with Chinese companies over matter. "We will try to reduce power tariffs after keeping in view all concerned matters," he added.

Minister earlier said that government has proposed its reform plans and energy vision to National Energy Administration of China. He said that an important aspect of these talks involved re-profiling of debt amounting to $ 8.5 to $ 9 billion, which is expected to reduce electricity prices and increase demand for electricity.

He said that Finance Minister and other officials have engaged with Chinese bankers for potential investments in Pakistan's power sector.
Another key component of these reforms, involves converting electricity generation plants from imported coal to local coal, which could significantly lower cost per unit of electricity, he added.