AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Business & Finance

Sindh CM wants mechanism for direct deposit of electricity duty in provincial govt's account

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed the Energy department to evolve a mechanism for direc
Published May 16, 2019

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed the Energy department to evolve a mechanism for direct deposit of electricity duty in provincial government's account.

He was presiding over a meeting regarding payment of electricity bills to Power Distribution Companies (DISCOS), said a statement on Thursday.

The chief minister said that the DISCOS such as K-Electric (KE), HESCO and SEPCO were collecting Electricity Duty, on behalf of the Sindh government, from domestic and commercial consumers at the rate of 1.5 percent and two percent of the electricity bills respectively but the amount was not returned to the provincial government.

He also directed the Sindh Minister for Energy to meet the Governor State Bank of Pakistan and get a system evolved under which payment of Electricity Duty, paid through electricity bills,

may be deposited directly in the provincial government's account.

The chief minister was told that there was an electricity bill of the Karachi Metropolitan Corporation (KMC) of Rs 580 million which the provincial government has to pay. He directed the Energy

Minister to get the bill reconciled first and then pay in instalments.

Murad Ali Shah said that all the electricity bills of KE pertaining to all departments, KWSB, autonomous and semi-autonomous organisations, DMCs, local bodies and all other offices should

be rigorously reconciled by the Energy Department and thereafter should be paid.

The meeting was attended by Sindh Energy Minister Imtiaz Shaikh, Adviser to CM Murtaza Wahab, Chief Secretary Mumtaz Shah, Principal Secretary to CM Sajid Jamal Abro, Secretary Finance Najam Shah, Secretary Energy Musadiq Khan and other concerned officers.

Copyright APP (Associated Press of Pakistan), 2019
 

Comments

Comments are closed.