Published On: Thu, Feb 28th, 2019
Published in Category: Energy and Power

Revenue collection from power bills raises : Energy committee

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Islamabad: Total collection  from  electricity bills during the period of November 2017 to January 2018 stood at Rs 203,953 million which rose to Rs. 243,642 million in the same period in FY 2018-19, showing net increase of Rs 39,689 million.

This was told to Cabinet’s Committee on Energy that was held here under the chairmanship of Finance Minister Asad Umar on Wednesday.

The committee approved proposals from Power Division providing for all future Renewable Energy investments to be treated in line with the RE Policy 2019 that envisages a framework consistent with the current international market norms and greater consumer benefits.

Power Division informed the committee that draft RE Policy 2019 was currently in circulation for comments by stakeholders and would be presented to the CCoE as soon as such comments were finalized. All those projects which have been granted LoS by AEDB, shall be permitted to proceed towards the achievement of their requisite milestones as per the RE Policy 2006. However in those cases where more than a year has elapsed since determination of tariff by NEPRA, their tariff would have to be reviewed by NEPRA as per policy.

The Power Division also gave the meeting performance update on efficiency improvement and control of theft.  Improved recovery from consumers and decrease in losses significantly contributed to the enhanced collection, the meeting was informed. Regarding control of theft, the meeting was apprised that during the period from October 13, 2018 to February 22, 2019 as many as 20,712 FIRs were registered and 1909 arrests were made.

Detection bills charged amounted to Rs. 1,278.305 million while the amount of detection recovered was Rs 537.120 million. The CCoE appreciated the Power Division’s effective drive for recoveries and theft control. The meeting also noted the progress shared by the Power Division on proposed plan/measures to bring down power sector losses.

Petroleum Division apprised the committee about findings of the committee probing into the matter of inflated gas bills. It was also informed that report of audit being  conducted in this matter will also be shared with the committee.

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