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Govt Pays Rs 473 Bln Subsidy To Power Sector During Last Year

Govt pays Rs 473 bln subsidy to power sector during last year
Thu 21st January 2021 | 06:30 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 21st Jan, 2021 ) :Federal Minister for Energy Omar Ayub on Thursday said the government had paid Rs 473 billion subsidy to power sector during last year despite economic crunch.
Addressing a press conference accompanied by Minster for Planning and Development Asad Umer and Special Assistant to Prime Minister for Power Tabish Gohar, he said the PTIgovernment inherited capacity payments fromPML-Ngovernment.
The agreements inked by the PML-Ngovernment with power sector were on bad intentions and corrupt practices, he added.
The minister said due to these agreements, the increase in electricity tariff was Rs 2.18 but the present government had decided to increase the rates by Rs 1.95 in per unit. ....

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Govt paid Rs473 billion subsidy to power sector last year, says Omar Ayub

Govt paid Rs473 billion subsidy to power sector last year, says Omar Ayub
Pakistan
Federal Minister for Power, Petroleum, and Natural Resources Omar Ayub. Photo: Screenshot via Geo News
ISLAMABAD: Federal Minister for Energy Omar Ayub on Thursday said the government had paid Rs473 billion subsidy to power sector last year despite the economic crunch.
Addressing a press conference accompanied by the Minister for Planning and Development Asad Umar and Special Assistant to Prime Minister for Power Tabish Gohar, he said the PTI government inherited capacity payments from PML-N government.
The agreements inked by the PML-N government with the power sector were based on bad intentions and corrupt practices, he said. ....

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