‘No other option except increasing electricity price,’ says Power minister Ayub

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ISLAMABAD: Minister for Power Omar Ayub has said today that there is no other option left except bringing an increase in electricity prices.

Speaking at the presser in the federal capital, minister said they are at present in the phase of finalizing the increase in the price of electricity.

“Price of electricity will rise in stages over the next year and a half.”

Talking to the journalists, Ayub revealed that the National Electric Power Regulatory Authority (NEPRA) desires to increase the price to Rs2 per unit.

However, minister said that hike in price by a rupee or two will be unaccepted to the public at large.