Published On: Fri, Sep 14th, 2018
Published in Category: Government

Government to recover circular debt from consumers

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Islamabad:The government intended to reduce the circular debt to Rs. 300 billion by doing away with subsidy.

Sources said that the government also intended to increase in electricity tariff. In order to stop electricity theft, uncompromising preventive measures will also be taken.

Circular debt will have to be generated by the ministry from its own resources and electricity tariff will be increased while the line losses will be shrunk, sources said.

Sources said that presently the electricity short fall is 3200 megawatt and the ministry has been given the task by Prime Minister to minimize circular debt.

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