Imran Khan wants out of box solution to reduce power, gas tariffs

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APP97-17 ISLAMABAD: February 17 - Prime Minister Imran Khan chairs meeting on Electricity and Gas prices. APP

ISLAMABAD: Prime Minister Imran Khan has directed authorities concerned to consider out of the box solution and proposals to check electricity and gas tariff, so as the prices could be stabilised at sustainable basis, and masses be provided maximum relief.

He said the governments in the past, without keeping in view the affordability of masses and putting the national interest aside, did expensive and illogical agreements and arrangements, which caused increase in electricity tariff and pushed up the circular debt.

The prime minister expressed these views while chairing a high-level meeting held the other day here about reducing the electricity and gas tariff and giving relief to domestic consumers and the industries.

The meeting was attended by Minister for Energy Umar Ayub Khan, Minister for Planning Asad Umar, Advisor on Finance Dr Abdul Hafeez Sheikh, Special Assistant to PM on Information and Broadcasting Dr Firdous Ashiq Awan, Special Assistant to Prime Minister Shehzad Qasim, Special Assistant to Prime Minister Nadeem Babar and senior officers.

The prime minister said the foremost priority of the present government is to give relief to the masses especially the low-income and poverty-stricken people as well as the promotion of industries so as to push the wheels of economy.

READ MORE: NEPRA defers decision to increase power tariff

On the direction of the prime minister to bring stabilization and reduction to the possible extent in the prices of electricity and gas especially for domestic and industrial consumers, various proposals were presented in the meeting.

The prime minister was also apprised of the current situation as well as the challenges regarding the power and gas tariff. Special Assistant to PM on Petroleum Nadeem Babar presented various proposals regarding the possible reduction in electricity and gas tariff based on long-term planning. The prime minister was told that people were facing the brunt of hike in electricity and gas tariff due to the previous governments’ agreements in energy sector.

He was told that the present government was not only trying to check the burden of pilferage and line losses through administrative reforms in these sectors, but was also taking measures to ensure the availability of these utilities to domestic and industrial consumers at appropriate rates so that people and industries got relief.

The prime minister was told that the effective measures taken by the present government to check power pilferage resulted in the extra income of Rs 122 billion in the electricity sector. The meeting was further informed that increase in circular debt has also been reduced from Rs 38 billion per month to Rs 12 billion per month, and it would be brought to zero by the end of this year.

The prime minister was informed that the price of electricity generation units installed during the past was also being paid by the present government and the people were bearing this additional burden as well.

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