Tries to make up for revenue loss caused by earlier tariff reduction

Finance ministry calls for rationalising subsidy amount

Lifeline consumers, those using 300 units per month and K-Electric consumers will not benefit from this cut

Highlights support for LNG purchase, reforms and governance

OGRA had proposed a reduction, ranging between Rs7 and Rs11 per litre

PSO requests determination of price for six cargoes imported from Qatar

Power ministry fears project will go bankrupt if tariff not increased

Appears to have spent all GIDC collection on bridging the budget gap

Prices of petrol could be cut by Rs7.56 per litre (9.9 per cent), bringing it down from Rs76.25 to Rs68.69

Says ETPL submitted a commercially competitive bid for the project