NEPRA Public Hearing Into Policy Guidelines For Re-targeting Power Sector Subsidies On Monday

Faizan Hashmi Published January 19, 2022 | 07:07 PM

The National Electric Power Regulatory Authority (NEPRA) will hold public hearing on (Monday) January 24 into policy guidelines filed by Ministry of Energy for Re-Targeting Power Sector Subsidies Phase-II.

ISLAMABAD, (UrduPoint / Pakistan Point News - 19th Jan, 2022 ) :The National Electric Power Regulatory Authority (NEPRA) will hold public hearing on (Monday) January 24 into policy guidelines filed by Ministry of Energy for Re-Targeting Power Sector Subsidies Phase-II.

As per the Energy Ministry, the subsidy reforms are included Residential consumers, gradual reduction in total net subsidy for unprotected consumers, reduction in cross-subsidy and removal of previous slab benefit.

Agriculture consumers; Dividing agriculture tube-wells slab into two categories subsidizing solarlization/modernization of tube-wells.

The ministry requested removal of one slab benefit (Incremental Block Tariff) and incorporation of revised subsidy and inter distribution companies tariff rationalization/cross subsidies.

The ministry proposed 8 paisa reduction in subsidy for 100 Units, 18 paisa for 101, 200 units, 48 paisa for 201-300 units and 95 paisa for 301-700 units.