Business
NEPRA withdraws subsidy of Rs3 for KE consumers
After the notification, the refund will start from the industrial customers of Karachi.
Islamabad: After the verdict issued by the Supreme Court, National Electric Power Regulatory Authority (NEPRA) issued a decision to withdraw Rs3 per unit as subsidy to K-Electric from industrial consumers.
It has been stated in the decision of NEPRA that the authority to grant subsidy lies with the federal government. After the decision, the federal government will issue a notification.
After the notification, the refund will start from the industrial customers of Karachi.
It is pertinent to note that federal government had announced the industrial relief package from July to December 2019 which was applicable for peak hours and off-peak hours. However, the government abolished the discount for off-peak hours on January 22, 2020.
After the federal government's decision, K Electric started collecting the subsidy amount, but the collection was stopped after being challenged in the court.
-
Technology 2 days ago
PTCL internet system down across country
-
Pakistan 2 days ago
Thousands offer Ismail Haniyeh's funeral prayer in absentia in JI sit-in, other cities
-
Pakistan 6 hours ago
Govt considers income tax relief for salaried class
-
Sports 1 day ago
Can Erriyon Knighton be the fastest sprinter in the world again?
-
Business 2 days ago
Gold rates up by Rs1,200 per tola in Pakistan
-
Business 14 hours ago
Gold price jumps by Rs2,400 per tola in Pakistan
-
Pakistan 1 day ago
Rainwater drained out from Lahore on CM Maryam's special intervention
-
Entertainment 2 days ago
Comedian Sardar Kamal dies, CM Punjab condoles