Govt pays Rs 473 bln subsidy to power sector during last year
Thu 21st January 2021 | 06:30 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 21st Jan, 2021 ) :Federal Minister for Energy Omar Ayub on Thursday said the government had paid Rs 473 billion subsidy to power sector during last year despite economic crunch.
Addressing a press conference accompanied by Minster for Planning and Development Asad Umer and Special Assistant to Prime Minister for Power Tabish Gohar, he said the PTIgovernment inherited capacity payments fromPML-Ngovernment.
The agreements inked by the PML-Ngovernment with power sector were on bad intentions and corrupt practices, he added.
The minister said due to these agreements, the increase in electricity tariff was Rs 2.18 but the present government had decided to increase the rates by Rs 1.95 in per unit.