Sign inSubscribe
Industry

Karachiites may face above Rs24.5bn burden of additional power surcharge

NEPRA official stated that there is a request for recovery in the form of surcharge from K Electric consumers

By Ahmad Ahmadani

ISLAMABAD: Karachiites should get ready to bear a heavy jolt in the form of ‘additional surcharge’ of Rs 1.52 per unit as the government has initiated the process of imposing additional surcharge of more than approximately Rs 24.5 billion.

On Tuesday, the National Electric Power Regulatory Authority (NEPRA) conducted a public hearing to consider the motion of the federal government with respect to recommendation of consumer end tariff for K-Electric.

The government, through its motion, has requested NEPRA to approve levying an additional charge of Rs 1.52/unit on K-Electric customers. After completing the hearing process, the NEPRA reserved its decision on imposing additional surcharge on Karachiites. However, it (NEPRA) will issue a decision after thoroughly reviewing the data and scrutinizing the documents.  

In the event of approval, there will be a burden of more than Rs 24.5 billion on K-Electric consumers. Similarly, NEPRA will send its decision to the federal government for notification. Furthermore, surcharge will be levied on power consumers of K-Electric after the Federal Government’s notification.

Speaking on the occasion, NEPRA official stated that there is a request for recovery in the form of surcharge from K Electric consumers. The surcharge of Rs 1.52 per unit will cover three-year-old collections.

 NEPRA questioned why such old collections were not requested earlier.

 K Electric and consumers were in court, which also led to the delay, Power Division officials said.

According to power division officials, due to Corona, the government had stopped the additional load at that time, adding that an amount of Rs 275 billion was to be recovered from the consumers, which amounts to Rs 17 per unit.

The government had decided to provide subsidies instead of burdening consumers, and it will bear the burden of Rs 250 billion in the form of subsidy, officials said.

However, a burden of only Rs 25 billion will be faced by K-Electric consumers, said power division officials during the NEPRA’s public hearing.

During the hearing, NEPRA Member Rafique Ahmed Shaikh said this is a quarterly adjustment, and why did you name it a surcharge? It should be decided first whether it is a surcharge or in the form of quarterly adjustments, NEPRA Member NEPRA Rafiq Shaikh said.

Power division officials said that recovery of old outstanding dues could lead to a legal debate and therefore, the government has named it power surcharge.

In this application, an increase has also been added for Lifeline consumers, Rafiq Shaikh raised the question.

However, power ministry officials said that the hike would not be applicable to Lifeline customers.

According to the NEPRA Authority, it is also necessary to first clarify that Lifeline should not face this surcharge. And the federal government will be asked again about the correctness of the lifeline category of the consumers and whether it will be applicable to them or not, NEPRA officials said.

Meanwhile, NEPRA took notice of the matter of the collection of heavy taxes, including income tax from the public through electricity bills and decided to hold a separate session regarding the collection of taxes from electricity consumers. It has also been decided that notices will be issued to all participants before the session.

Officials of the power division said that the power division itself does not collect any tax while taxes are collected by the Ministry of Finance, FBR. And, it is better to call the Ministry of Finance, or FBR on this matter. Taxes are being collected from electricity consumers as per rules. How much income tax is to be collected from the user is specified in the Income Tax Act, said Power Division officials.

Upon this, NEPRA Authority asked to submit the details of how many taxes are being collected from electricity consumers and announced that it would hold a separate full session on the matter.

It is pertinent to mention that NEPRA hearing was held under chairmanship of Wasim Mukhtar, while NEPRA Members Rafique Ahmed Shaikh, Engineer Maqsood Anwar Khan, Muthar Niaz Rana, and Amina Ahmed were in attendance. 

Previous article
Pakistan’s Large Scale Industry witnesses 10.26% overall decline in FY23
Next article
Petrol Price at Record High
Ahmad Ahmadani
Ahmad Ahmadani
The author is a an investigative journalist at Profit. He can be reached at [email protected].

138 COMMENTS

  3. Have you lost your hard earned money to:1.Binary option scam??
 2. Forex trading?
3.Romance scam
and any other kind of online investment? 
I have a good news for you. Contact; FUNDRESTORER @gmail[]com
 I had doubts it was possible to recover the funds I lost to binary options. However, big thanks to Fundrestorer now for helping me recover a huge sum back and still working on full recovery for me.
 They are nothing but the best. You should contact them..!!!!!!!!!!’

    Exceptional service…:

    Fundrestorer is the best asset recovery expert

  7. Transcribing audio involves the conversion of spoken language into written text, enabling efficient communication, documentation, and accessibility. This exploration delves into the importance of audio transcription, its applications, and the process involved in transforming spoken words into written form.

  9. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work

  45. This is such a great resource that you are providing and you give it away for free. I love seeing websites that understand the value of providing a quality resource for free. It is the old what goes around comes around routine.

  46. I can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business.

  47. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work

  50. Thank you very much for this useful article. I like it.
    This is a great inspiring article.I am pretty much pleased with your good work.You put really very helpful information. Keep it up. Keep blogging. Looking to reading your next post.

  58. I can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business.

  72. Thanks for sharing nice information with us. i like your post and all you share with us is uptodate and quite informative, i would like to bookmark the page so i can come here again to read you, as you have done a wonderful job.

  74. Thank you again for all the knowledge you distribute,Good post. I was very interested in the article, it’s quite inspiring I should admit. I like visiting you site since I always come across interesting articles like this one.Great Job, I greatly appreciate that.Do Keep sharing! Regards,

  77. Thank you again for all the knowledge you distribute,Good post. I was very interested in the article, it’s quite inspiring I should admit. I like visiting you site since I always come across interesting articles like this one.Great Job, I greatly appreciate that.Do Keep sharing! Regards,

  78. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!THANKS!!!!!!

  80. i read a lot of stuff and i found that the way of writing to clearifing that exactly want to say was very good so i am impressed and ilike to come again in future..

  87. Hey what a brilliant post I have come across and believe me I have been searching out for this similar kind of post for past a week and hardly came across this. Thank you very much and will look for more postings from you.

  95. Your writing is always informative and engaging. I learn something new every time I read one of your articles. And if you’re looking for Black Nike Shoes For Women that’s both stylish and comfortable, All Black Nike Shoes For Women has a great selection of apparel with stylish and comfortable designs.

  105. Thank you again for all the knowledge you distribute,Good post. I was very interested in the article, it’s quite inspiring I should admit. I like visiting you site since I always come across interesting articles like this one.Great Job, I greatly appreciate that.Do Keep sharing! Regards,

  109. This is such a great resource that you are providing and you give it away for free. I love seeing websites that understand the value of providing a quality resource for free. It is the old what goes around comes around routine.

  122. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work

  124. I have been looking at your articles and I think this is one of the most important pieces of information for me, and if you are looking for any kind of tents in sudia arabia then Car parking shades saudi arabia available at aljazeeraint are the best choice to go to.

  129. Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can’t help but wonder, what about the other side? !!!!!!THANKS!!!!!!

Comments are closed.

RELATED ARTICLES

Must Read

Profit by Pakistan Today
Publishing Editor: Babar Nizami -- Editor Multimedia: Umar Aziz Khan -- Senior Editor: Abdullah Niazi -- Editorial Consultant: Ahtasam Ahmad -- Business Reporters: Taimoor Hassan | Shahab Omer l Zain Naeem | Nisma Riaz | Mariam Umar | Hamza Aurangzeb | Shahnawaz Ali | Ghulam Abbass | Ahmad Ahmadani | Aziz Buneri -- Sub-Editor: Saddam Hussain -- Video Producer: Talha Farooqi -- Director Marketing : Mudassir Alam | Regional Heads of Marketing: Agha Anwer (Khi) | Kamal Rizvi (Lhe) | Malik Israr (Isb ) -- Manager Subscriptions: Irfan Farooq -- Pakistan’s #1 business magazine - your go-to source for business, economic and financial news.
Contact us: [email protected]
Copyright © 2024. Pakistan Today. All Rights Reserved.