Federal Minister for Water and Power, Raja Pervez Ashraf Tuesday rejected the reports of 45 per cent increase in power tariff, saying the reports were based on speculations. I have checked with the Finance Ministry and ADB and there is no such report. The report may be completed by January 22. Whatever has been reported is based on assumption and speculation, he informed National Assembly on a Calling Attention Notice. The minister said the decision of third party validation was made by the PPP government and the Prime Minister as we did not want to put extra burden on consumers.