Govt plans another ‘Ramadan package’

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The government plans to announce another “Ramadan package” for inflation-hit masses as it mulls raising the prices of POL products, electricity and CNG in the coming days, a private TV channel reported. The channel’s sources said a petition seeking hike in tariff had been filed by the Central Power Purchase Agency with the National Electric Power Regulatory Authority (NEPRA). The application stated that the cost of electricity production though diesel was Rs 20.33 per unit while electricity generation through furnace oil was Rs 16.49 per unit. The increase in power prices will be applicable for the month of June. POL prices are likely to go up by Rs 7, while the hike in CNG prices will be between Rs 4.10 and Rs 4.20 per kilogramme. NEPRA would take the final decision regarding electricity tariff raise by July 31.