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Saturday, October 5, 2024

Good news for electricity consumers!

Khurram Dastgir said that there has been a loss of crores of rupees in Khyber Pakhtunkhwa due to floods.

Federal Minister of Water and Power Khurram Dastgir has said that electricity bills will start decreasing from October, new bills are being issued to electricity consumers and there is no need to fix any bills.

According to the details, the Federal Minister for Water and Power Khurram Dastgir, while holding a press conference at the Pesco headquarters, said that severe floods in Khyber Pakhtunkhwa damaged electrical installations, due to which the restoration of electricity in Swat and Bajaur is a challenge. Normal load-shedding is going on in the country, but the closed grid stations of Swat, Munda, Matta are trying to be restored soon.

Read more: Power crisis intensified: Are we heading towards stone age?

Furthermore, Khurram Dastgir said that there has been a loss of crores of rupees in Khyber Pakhtunkhwa due to floods. PESCO suffered a loss of Rs 40 crore and Tesco Rs 6 crore due to flood, 9 grid stations were affected in the flood which were closed but now 6 out of 9 stations have been restored but 3 are still closed.

Finance Minister Miftah Ismail said on Friday that the government was weighing options to provide further relief to people burdened by high electricity bills.

Prime Minister Shehbaz Sharif has formed a committee to deliberate what relief can be given to people using between 200 and 300 units of electricity per month, he said while addressing a press conference in Islamabad.

Ismail said there were two reasons for higher electricity bills — the increase in tariff in line with the International Monetary Fund’s (IMF) condition and expensive electricity generation combined with higher temperatures in May.