ISLAMABAD: The government has planned to abolish peak and off-peak rules to introduce uniform rates in winter, throughout the day to reduce the rate and encourage higher power consumption by the consumers, Power Secretary Irfan Ali told the Senate Standing Committee on Power.
After examining the revenue requirements, along with the Ministry of Energy (power division), the working of the scheme will be finalised during the current month. The scheme will be launched by November.
As the total circular debt currently stood at about Rs1, 200 billion, more investment could only be materialised upon reduction, said the power secretary.
Furthermore, 35,000MW electricity is currently available in the system and some more projects are coming online. The consumption in winter sometimes comes down to about 5,000MW.
Mr Ali informed the Senate committee that long with curbing theft, there is also no load-shedding on around 100 feeders of the Sukkur Electric Power Company. Ariel Bundle Cables (ABC) have also been installed at some locations to control theft and leakage, and theft would further be eradicated on another 150 feeders till December.
For news and blogs, visit Graana.com.
Read more:
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
