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ISLAMABAD: The federal government seeks to impose Rs1.52 per unit surcharge on K-Electric (KE) to recover Rs24.5 billion.

As soon as the public hearing regarding the motion of the federal government with respect to the recommendation of consumer end tariff for K-Electric started at National Electric Power Regulatory Authority (Nepra), some members expressed reservations about the performance of the Power Division.

Some members questioned how the National Electricity Policy 2021 can be enforced in the back years of 2019-20 to impose Rs1.52 per unit surcharge on the KE tariff to recover Rs24.5 billion.

June power tariff to be billed in August: Nepra notifies additional FCA for KE and ex-Wapda Discos

Additionally, they added that the Power Division must ask the Finance Ministry whether this amount of Rs24.5 billion has been accounted for in the budget or not and if it is accounted for in the fiscal year 2019-20 budget then there is no justification to impose this surcharge.

A member added that his understanding was that this amount has already been accounted for by the Ministry of Finance in the budget.

The Ministry of Energy (Power Division) added that the law allows the federal government to put a surcharge if it is within the limit of 10 percent.

The hearing was informed that the policy has been approved to implement a uniform tariff immediately to the KE and this one-off surcharge is being imposed to recover some portion of 2019 quarterly adjustment. The meeting was informed that the uniformity of tariff would be implemented immediately besides there is no old tariff left to recover, after the imposition of the proposed surcharge.

The Ministry of Energy (Power Division) stated that only Rs24.5 billion is being recovered of 2019 by imposing a surcharge, whereas, as far as subsidy is concerned it is being provided continuously. In the last five years, the Nepra was told that Rs416billion subsidy was provided to the consumers of KE and even now Rs10 per unit subsidy is being given to the KE industrial consumers.

The federal government (Power Division) further stated that for the ongoing fiscal year, the government has earmarked Rs976billion subsidy for the power sector, of which, Rs298 billion are for KE.

The decision of the hearing was reserved by the authority to be announced in the next few days. The public hearing was presided over by Waseem Mukhtar, chairman Nepra. Nepra members, Engr Rafiq Ahmed Sheikh, Engr Maqsood Anwar Khan, Mutahar Niaz Rana and Amna Ahmed were also present.

Copyright Business Recorder, 2023


Comments are closed.

Arshad Aug 16, 2023 10:43am
O'Yes, Karachi is a Gold Mine. Keep looting.....
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Mushtaq Khannani Aug 16, 2023 12:15pm
Chori Sind kare chori Punjab kar,chori sarhad kare, chori Baluchistan kare boghte ham Karachi Wala julam he
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Mushtaq Khannani Aug 16, 2023 12:23pm
Lottolotto Karachi Wala ko loto tomra bap ki jagir he
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Nasir M Aijaz Aug 16, 2023 12:38pm
دنیا میں کہیں ایسا نہیں ہوتا۔ جینا حرام کر دیا ہے ان کرپٹ مافیا کی ملی بھگت نے۔ اللہ تعالٰی ہی ان کو سمجھے۔ یہ سب پاکستان کے دشمن ہیں اور دشمنوں کے ایجنٹ۔
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Asif Ali Aug 16, 2023 01:44pm
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Fahad Aug 16, 2023 09:57pm
Tamam govt. Mulazmin ki free bijli, free feul, free cars, free houses, free security, free pensions, free each and everything GOVT. MULAZMIN ka Khatam ker do, or un k ooper her Cheez k charges 5 times laga do, k pichle salon ki recovery ho rahi hai TO KESA rahega ????
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Abrar Aug 17, 2023 08:51am
Zulm he ye Allah ki lathi be awaz he
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Mustufah Aug 18, 2023 06:46pm
Do nothing for Karachi,but in return looting the karachi people by imposing tax and lot of other thing, We have to stand against injustice,which is happening since decade by PPP Government in Sindh.
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