ISLAMABAD: Finance Minister Miftah Ismail announced to install 8,000 MW solar power project to lessen cost of producing electricity in country besides announcing that government would provide relief to power consumers having bills between 200 to 300 units. Addressing a presser, Miftah explained that fuel adjustment charges hiked after electricity was produced in May and June on exorbitant rates following an increase in fuel prices globally.

“We hiked Rs 7 on basic tariff after IMF insisted that tariff has not been increased for a year and a half,” he said. He said that 56 percent consumers will be benefitted from it. “Just forget bills received in August and we will deliver your new bills after excluding fuel adjustment charges. You are not required to visit offices of power utilities,” he said. He announced that they would also mull over a relief for consumers having electricity bills between 200 to 300 units. “Consumers using tube wells are already exempted from fuel adjustment charges,” he added. “We have taken this decision to waive off fuel adjustment charges after consultation with IMF.” Qatar, UAE agree to multi-billion investments.

Published in The Daily National Courier, August, 27 2022

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