The govt. is likely to withdraw subsidy available to electricity consumers using 201 to 300 units per month, gradually on the plea that provision of subsidy is not possible due to power sector’s financial woes. According to the proposed subsidy plan for FY21, residential consumers with an average of 300 units of monthly consumption will be targeted for subsidy, estimated impact PKR 19.4Bn. Removal of Incremental Block Tariff (IBT) benefit, addition of more slabs for consumers using above 700 units in a month and review of the multi-meter policy is also part of the plan.
22/3/2021