Fuel cost adjustment row erupts over PM’s power package

ISLAMABAD: In a befitting response to industrialists’ claims about the erosion of the prime minister’s Rs4.04 per unit tariff relief package, the government on Thursday said it had provided Rs15 billion in free working capital to industry for 90 days and was now seeking to recover it through a Rs1.78 per unit fuel cost adjustment (FCA) in March. “This is not an additional cost. You were given a lower tariff. You enjoyed Rs15bn in free working capital for 90 days. Now cost recovery is being do...

By none@none.com (The Newspaper's Staff Reporter)