BR100 Decreased By (-0.83%)
BR30 Decreased By (-1.2%)
KSE100 Decreased By (-0.63%)
KSE30 Decreased By (-0.71%)
AGHA 7.45 Decreased By ▼ -0.03 (-0.4%)
BECO 5.24 Decreased By ▼ -0.06 (-1.13%)
BML 56.74 Decreased By ▼ -0.48 (-0.84%)
BOP 33.70 Decreased By ▼ -0.22 (-0.65%)
CNERGY 11.01 Decreased By ▼ -0.09 (-0.81%)
CSIL 5.86 Decreased By ▼ -0.20 (-3.3%)
FCCL 55.14 Decreased By ▼ -0.76 (-1.36%)
FFL 16.10 Increased By ▲ 0.02 (0.12%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.26 Decreased By ▼ -0.04 (-0.55%)
KOSM 6.01 Decreased By ▼ -0.09 (-1.48%)
LOTCHEM 26.91 Decreased By ▼ -0.38 (-1.39%)
MLCF 95.93 Decreased By ▼ -1.52 (-1.56%)
NBP 203.28 Decreased By ▼ -1.16 (-0.57%)
NCPL 55.73 Decreased By ▼ -0.42 (-0.75%)
NPL 65.05 Decreased By ▼ -0.93 (-1.41%)
OGDC 314.11 Decreased By ▼ -4.98 (-1.56%)
PACE 10.49 Decreased By ▼ -0.17 (-1.59%)
PAEL 41.92 Decreased By ▼ -0.60 (-1.41%)
PIBTL 16.74 Decreased By ▼ -0.34 (-1.99%)
PPL 217.72 Decreased By ▼ -3.60 (-1.63%)
PRL 62.70 Decreased By ▼ -0.72 (-1.14%)
PTC 71.46 Decreased By ▼ -1.03 (-1.42%)
SSGC 26.74 Increased By ▲ 0.81 (3.12%)
TBL 9.66 Decreased By ▼ -0.06 (-0.62%)
TELE 8.48 Increased By ▲ 0.02 (0.24%)
TPL 19.98 Decreased By ▼ -1.49 (-6.94%)
TPLP 14.94 Increased By ▲ 0.23 (1.56%)
TREET 23.07 Decreased By ▼ -0.12 (-0.52%)
TRG 60.67 Decreased By ▼ -0.14 (-0.23%)
By

ISLAMABAD: Power Division on Saturday strongly refuted a news item appeared in section of press about government plan to impose fixed tax on solar power generation.

“There is no truth in the news regarding imposing fixed tax,” said a statement issued here.

It was further clarified that the Central Power Purchasing Agency (CPPA) or Power Division has not sent any such summary to the government in this regard.

The well-off people were massively installing solar panels. The domestic, industrial consumers and the government have to bear burden of Rs 1.90 per unit under the head of subsidy which resulted affecting 25 to 30 million consumes

If this trend continues, the bills of poor consumers would surge at least Rs 3.35 per unit, the statement further said.

Net Metering Policy 2017 was aimed at promoting alternative energy in the system, the statement said. After 2017, the solarisation process witnessed sharp increase, the statement said.

The whole system was being reviewed and now there was a need to announce a new rate. Proposals and amendments were being considered to save the poor consumers from further burden. The government would protect investment carried out through 1.5 to 2 million net metering.

Comments

Comments are closed for this article.