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‘No additional subsidy to K-Electric, new power purchase agreement is being signed’ – – IG News

Federal Minister for Energy Hamada Zahir has said that it is not that K Electric is given additional subsidy, they are going to sign a new power deal which will improve many issues with the company.

Replying to a question in the Senate during Question Hour, Hamad Azhar said that subsidies are given to all discus equivalents and not to K-Electric.

Hamada Azhar told the House that the subsidy given to the discus is for the consumers. There are some discus which have more losses.

Senator Mohsin Uzair asked why the electric system is not working despite giving subsidy. To which the Federal Minister replied that the losses have been reduced after the privatization of K Electric. In the past, our focus was on production and not on delivery.

Hamada Zahir said that this time the budget has allocated a hefty amount for remittances. The remittance system is very rotten and many transformers have been replaced. Many things will get better with the company.

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