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K-electric to recover Rs3/unit subsidy from industrial consumers for Jul – Dec 2019 period

29 November, 2023 20:46

NEPRA, today has issued a letter regarding a subsidy recovery from industrial consumers of Karachi for the period of July to December 2019.The K-Electric decided to recover the Rs3 per unit subsidy within two months.

The PTI’s federal government gave a subsidy of Rs3 per unit to industrial consumers in Karachi from July to December 2019 under the industrial relief package for peak hours and off-peak hours.

In January 2022, the then government slashed the subsidy, but the decision was challenged in the Supreme Court by the industrialists.

The Supreme Court of Pakistan has stated that subsidy is the prerogative of the government and they can withdraw it, has allowed K-Electric to recover Rs3/unit subsidy availed by the consumers on account of industrial relief package from July to December 2019.

The regulatory authority also forwarded the revised decision to the federal government for issuance of a notification in this regard.

The K-Electric spokesperson clarified that NEPRA’s notification aligns with an ECC decision related to charges from the previous tenure.

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